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Gov’t ups 2021-2022 growth forecast to 6%
Gov’t ups growth forecast: The Planning Ministry has upgraded its FY2021-2022 growth forecast for the Egyptian economy to 6% or…
THIS EVENING: EGX-listed Taaleem saw a 24% y-o-y increase in its bottomline in 1Q2021-22 + Local firms in line to receive a piece of APICORP and IsDB’s USD 1 bn Infra Initiative
It’s been refreshingly slow news day on the local front, ladies and gentlemen. However, we have plenty to read, bing…
SFE, Mobica break ground on new GEMS-run schools in Cosmic Village
The Sovereign Fund of Egypt (SFE) and Mobica broke ground on two schools in the Cosmic Village, the Planning Ministry…
Companies buy themselves time on minimum wage hikes
Thousands of companies will be given a six-week reprieve from the new private sector minimum wage requirement coming into force…
GDP could grow 6-7% this quarter -El Said
Egypt’s economy is expected to grow at a 6-7% clip in 2Q2021-2022, Planning Minister Hala El Said told Sky News…
US consortium gets EGP 3.5 bn Mogamma revamp contract
US-led consortium tapped for Mogamma overhaul: A consortium of US-based GlobalVentures and Oxford Capital together with the UAE’s Al Otaiba…
Last Night’s Talk Shows on covid booster shots
On last night’s talk shows: The Health Ministry’s announcement yesterday that it will soon start handing out booster shots got…
Egypt economy grows at fastest pace in 2 decades in 1Q
Egypt’s economy grew at its quickest pace in two decades in 1Q 2021-2022, as it continued to rebound from last…
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