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World Bank upgrades Egypt’s post-covid GDP growth outlook
Egypt’s economy is expected to grow 5.0% in FY2021-2022, up from the 3.3% in FY2020-2021, according to the World Bank’s…
TONIGHT: Inflation, inflation, and more inflation, with a pinch of supply chain woes. Also: Watch Maid tonight or try one of the best shawarma spots in New Cairo
Good afternoon, ladies and gentlemen. Today’s issue was brought to you by the letter “i” for inflation, inflation, inflation. THE…
THIS EVENING: Senate back in session today; Georgieva faces IMF on corruption allegations; Bad day for FB; Nobel Physics prize winners announced.
It’s been a busy day, ladies and gentlemen, as we approach the end of the short work week. We have…
TONIGHT: Auto sales up in August; EgyptAir completes maiden flight to Israel; Georgieva in trouble; OPEC+ could increase production; Global economy faces headwinds.
We’re kicking off a shortened workweek today, with the nation getting Thursday 7 October off in observance of Armed Forces…
El Sisi ratifies EastMed Gas Forum
The final step to setting up the East Mediterranean Gas Forum (EMGF) and its Cairo HQ was cleared on Thursday…
More EBRD finance for the Cairo Metro?
Egypt could receive an EUR 250 mn loan from the European Bank for Reconstruction and Development (EBRD) to finance upgrades…
Egypt reports 35 covid cases on 26 July 2021
The Health Ministry reported 35 new covid-19 infections yesterday, down from 39 the day before. Egypt has now disclosed a…
World Bank, EU join EastMed Gas Forum + Valu launches financing for Saudi German Hospital patients
World Bank, EU become observers at EastMed Gas Forum: Members of the East Mediterranean Gas Forum have agreed to bring…
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