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Gov’t upgrades 2021-2022 growth forecast
The government is predicting growth of 5.6% in the current 2021-2022 fiscal year, Planning Minister Hala El Said said at…
More sectors angling for exemption from private sector min wage
Business leaders want to exempt companies in eight sectors from complying with the new privatesector minimum wage, which will take…
More Egyptian companies have the green bond bug + “green incentives” coming for the private sector
Egypt’s private sector is preparing to take to market USD 120-200 mn in corporate green bonds, Planning Minister Hala El…
In diplomatic miscellany: Shoukry continues GERD talks in Brussels; Greek-Arab ties continue to warm
IN DIPLOMATIC MISCELLANY- Here’s a round-up of diplomatic stories you should know about this morning. Shoukry continues GERD talks in…
Proposals for a private sector minimum wage are moving forward
Proposals to mandate a minimum wage for private-sector employees will be drafted this month, the Planning Ministry said in a…
Gov’t to support 1 mn aspiring entrepreneurs through state-backed learning program
A “1 mn entrepreneurs” initiative will make educational material for aspiring entrepreneurs available online as part of the state-backed Rowad…
FRA clamps down on stock splits, harassment in the workplace
The EGX30 fell 0.7% at today’s close on turnover of EGP 1.59 bn (8% above the 90-day average). Foreign investors…
Egypt’s construction growth slowed in 2020, but steady recovery sees it outperforming regional peers
Egypt’s construction growth slowed in 2020, but recovery sees it outperforming regional peers: Egypt’s construction sector saw an overall pandemic-driven…
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