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ACI air freight trials begin
The government has begun trialing the Advance Customs Information (ACI) customs system on air freight shipments ahead of its official…
The local wheat harvest isn’t costing as much as we expected
We’re spending less on local wheat than previously thought: The government has so far paid EGP 8.5 bn for some…
Egypt to receive 500k tons of Indian wheat despite export ban
FROM THE DEPT. OF GOOD NEWS- We’ve locked in 500k tons of Indian wheat ahead of New Delhi's export ban:…
Egypt, Tunisia looking to deepen economic ties after high-level visist
Egypt + Tunisia to strengthen economic ties: Egypt and Tunisia signed a number of agreements to boost economic cooperation during…
Etisalat acquires 9.8% stake in Vodafone
Etisalat acquires 9.8% stake in Vodafone: Our friends at the UAE telecoms giant Etisalat Group (e&) have acquired a 9.8%…
Dana oil output falls + Uh, which Gourmet was that, again?
Did we just say no to Brazil’s request for fertilizer? A meeting between Egyptian and Brazilian officials resulted in an…
Manufacturers get a break with exemption from L/C requirements for some imports; CBE will meet with some importers to make sure they have access to FX
Production inputs and raw materials will be exempt from CBE rules handed down inFebruary that has required the vast majority…
Egypt’s budget deficit narrowed in 9M2021-2022 + nothing will be left to rot in port over an L/C
Egypt’s budget deficit narrowed to 4.9% of GDP in the first nine months of FY 2021-2022, from 5.4% in the…
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