Egypt Edition 
MENA+ Edition 
UAE Edition 
Saudi Edition 
AI + Innovation (MENA) 
Logistics (MENA) 
What we’re tracking on 23 February 2021
Happy hump day, everyone. It may be a relatively slow news day, but we’re still very happy that the weekend…
NI Capital’s money market fund closes early on huge investor demand
Siula, NI Capital’s money market fund, was more than 21x oversubscribed when it closed yesterday, attracting EGP 1.075 bn of…
Palm Hills tapping Al Taamir for securitization?
Al Taamir is in talks to manage Palm Hills Developments’ (PHD) planned EGP 650 mn securitized bond issuance, which is…
Oil imports, trade + SME development get USD 1.1 bn shot in the arm
Egypt is getting another USD 1.1 bn loan for imports of petroleum products and basic commodity purchases from the International…
Mohamed Farid, Naglaa El Bayli appointed assistant planning ministers
Mohamed Farid and Naglaa El Bayli have been tapped as assistant planning ministers, following a decision by Planning and Economic…
Egypt’s poverty rate falls for the first time in two decades
Egypt’s poverty rate decreased for the first time in 20 years in FY2019-2020, according to Capmas’ latest income and expenditure…
Gov’t revises FY2020/21 GDP forecast upwards to 3.8%
Gov’t GDP forecast revised upwards:The government expects the economy to grow at a 3.5-3.8% clip in the current fiscal year,…
Family planning programs aims to get over 20 mn families on board by mid 2021
More than 20 mn families will be onboarded in the government’s family planning program with over 2.8 mn new participants…
Something went wrong. Please refresh the page and/or try again.