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Maait extends media blitz for a second day
We tuned into another episode of Maait TV last night: Finance Minister Mohamed Maait joined Ala Mas’ouleety (watch, runtime: 1:13:34)…
Light at the end of the tunnel?
Goods that have been piling up at Egypt’s ports are expected to be released in the “coming days” as the…
Monetary policy continued to top the business agenda on the talk shows last night
The talking heads are going deep on the potential loosening of import restrictions: Prime Minister Moustafa Madbouly’s sit-down with CBE…
Here’s what qualifies as a strategic project
Cabinet lays out criteria for strategic + national projects: Projects in electricity and renewable energy, petroleum, mineral resources, transport, CIT,…
Non-oil exports rose by 20% y-o-y in 1H2022
BY THE NUMBERS- As the government works to slash imports + shore up local industry, Egypt’s exports were on the…
At long last, supply chain relief? + Deforestation in the Amazon is fueling the (literal) fire
Surprise, surprise, burning down trees in the world’s biggest rainforest is not great for the environment. Despite pledging to stop…
Outflows, commodity price shock hit current account in 3Q 2021-2022
Egypt’s current account deficit widened more than 2% to USD 5.79 bn in 3Q 2021-2022, as capital outflows and surging…
Auto sales just keep dropping
Auto sales fell by more than a third in June as import restrictions and economic headwinds hit the industry. Customers…
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