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Egypt shuffles its cabinet
Meet Madbouly’s newest cabinet: Yesterday, the House voted for a cabinet shuffle that introduced several fresh faces to take over…
Egypt will keep electricity prices frozen through June to give CBE more room for aggressive interest rate cuts
Tariffs have stayed put since the last adjustment in August 2024
Egypt signals an end to fire sales with USD 420 mn Gabal El Zeit exit
The government is set to announce the completion of the sale of the 580 MW Gabal El Zeit wind power…
Egypt plans to end credit disbursement friction with new centralized industrial fund
For companies, the bottleneck hasn't just been the amount of subsidized credit, but the friction in getting it
Finance Ministry and EGX prepare to list sovereign sukuk for exchange trading
The ministry also plans to introduce a variable-rate sovereign sukuk to broaden the investor base
Non-oil private sector activity slips back into the red, but output hits longest expansion streak since 2020
The country’s headline PMI figure in January slipped 0.4 percentage points to 49.8
FinMin eyes 150 customs items for overhaul to protect local industry
The proposed adjustments aim to bolster strategic sectors, including chemicals, home appliances, textiles, automotive glass, and sheet metal
FinMin taps AI for real estate pricing, revamps central clearing in second tax facilitation package
The ministry is also studying a hike in the overall income tax exemption threshold to EGP 100k–120k, up from EGP…
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