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Is bread subsidy reform back on the table?
Supply Minister revives talk of bread subsidy reform in the House of Representatives: Supply Minister Ali El Moselhy called on…
Word Bank raises its growth forecast for MENA and praises Egypt’s resolve to control inflation
The World Bank expects Egypt’s economy to grow at a 4.8% clip in FY 2022-2023, according to its October MENA…
One step closer to harsher penalties for building on farmland + World Bank gives us tub-tubs on governance
Illegally building on agricultural land could soon cost you up to EGP 10 mn and up to five years in…
World Bank approves USD 400 mn in funding for freight rail network
A more efficient and low-carbon freight railway system is coming: The World Bank has approved a USD 400 mn financing…
World Bank report puts focus on Egypt’s public education system
Egypt isn’t spending enough on education, leading to a shortage of teachers + classroom space, World Bank says: A “historic…
US stocks hit fresh near-two-year low
US stocks fell deeper into bear territory yesterday and bonds continued to sell off as Federal Reserve officials kept up…
THIS MORNING: To conference or not to conference? MPs return next week + An Olympic bid?
Good morning, friends. We’re back in Omm El Donia after a week in Dubai — and reveling in the fact…
Remittances hit all-time high in FY2021-2022, driven by high oil prices and CDs
Remittances hit a record high for the second year running in FY 2021-2022, rising 1.6% y-o-y to USD 31.9 bn,…
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