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FinMin sees budget deficit widening amid commodities price shock
The Madbouly government sees the FY 2021-2022 budget deficit target widening to 6.9% from 6.7%, Vice Minister of Finance Ahmed…
Egypt in the News: Death sentences for 10 Ikhwan members
There’s little mention of Egypt in the international press this morning. Reuters picked up a story from state news agency…
We’re looking to join Euroclear during 2H2022 + Another round of green bonds
We likely won’t join Euroclear until 2H2022: Local Egyptian debt probably won’t be made “Euroclearable” until the second half of…
EBRD writes USD 100 mn check for Scatec’s green bond
EBRD backs Scatec Solar Benban green bond: The European Bank for Reconstruction and Development (EBRD) will subscribe to almost a…
Budget deficit widens to 3.9% in 1H2021-22
Egypt’s budget deficit stood at 3.9% in 1H2021-2022, widening from 3.6% in the first half of last fiscal year, Finance…
Talking heads discuss GERD, the death of Wael Elebrashy and covid-19
GERD returned to the nation’s talk shows last night after the Ethiopian government announced plans to clear 17k hectares of…
Arrests after almost 50 tourists hospitalized with food poisoning
Leading the conversation on Egypt in the foreign press this morning: Three workers from a hotel in Hurghada have been…
TONIGHT: e-Finance’s shares soar in EGX debut + we’re still reproducing like rabbits
Well, friends, we made it through another workweek together, and our reward is a huge first-day pop for the IPO…
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