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Government expects to announce list of IPO companies within two weeks
Government expects to announce list of companies for privatization program within two weeks: The government is preparing a list of…
Government reviews FX rate, oil price at 2018/2019 budget
FinMin sees growth accelerating, forecasts weaker average EGP exchange rate this fiscal year, will budget for oil at USD 67…
January inflation inches up, economists expect rates to remain steady on Thursday
Expect the CBE to leave interest rates on hold this Thursday after inflation rises slightly in January: Egypt’s annual headline…
Zohr output increases to 2.1 bcf/d
Zohr output increases to 2.1 bcf/d: Output at Zohr natural gas field has increased to 2.1 billion cubic feet per…
China Development Bank offers USD 3.7 bn in financing to Egypt’s EEHC
BANKING WATCH- The China Development Bank is offering USD 3.7 bn in financing to the Egyptian Electricity Holding Company for…
Egypt launches fund to reform state-owned enterprises
New fund for state-owned enterprises: The Madbouly Cabinet approved last week setting up a fund to finance the overhaul of…
Egypt ends USD 2 mn agreement with US lobbying firm
Gov’t reportedly ends USD 2 mn agreement with US lobbying firm: The government has reportedly terminated a USD 2 mn…
Print exporters offer alternatives to export subsidies
Printers are angling for alternatives to delayed export subsidies. Owners of printing presses are waiting for the payment of back-due…
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