Egypt is ready for issuing its first sovereign sukuk, however, the current conditions of global markets are unfavorable for the offering launch
First, Egypt is ready for issuing its first sovereign sukuk, however, the current conditions of global markets are unfavorable for the offering launch, which…
Egypt’s annual headline inflation rate increased to 15.3% in May 2022, compared to 4.9 % in the same month of 2021
First, Egypt’s annual headline inflation rate increased to 15.3% in May 2022, compared to 4.9 % in the same month of 2021. The accelerated…
The Egyptian House of Representatives has approved the presidential decree No. 218 of 2022 stipulating the amendment of customs tariff as per the international updates of the World Customs Organization’s system for 2022
First, the Egyptian House of Representatives has approved the presidential decree No. 218 of 2022 stipulating the amendment of customs tariff as per the…
Net international reserves at the Central Bank of Egypt have declined by 4.38% month-on-month at the end of May
First, net international reserves (NIR) at the Central Bank of Egypt (CBE) have declined by 4.38% month-on-month (MoM) at the end of May, registering…
The head of Egypt’s Sovereign Fund stated that the current conditions are not conducive to listing companies on the stock exchange
The head of Egypt’s Sovereign Fund, Ayman Suleiman, stated that the current conditions are not conducive to listing companies on the stock exchange. In…
Another bank warning about the US economic outlook — and this despite the continued strength of the labor market
The Egyptian private sector has received around 5 billion USD under the signed financing agreement with the multilateral development partners in 2020 and 2021
The Egyptian private sector has received around 5 billion USD under the signed financing agreement with the multilateral development partners in 2020 and 2021,…
Philip Morris, paid about 450 million USD to obtain the new license to produce traditional and electronic cigarettes in Egypt
Philip Morris, the world’s largest tobacco company, paid about 450 million USD (about 8.3 billion EGP) to obtain the new license to produce traditional…
The US-based Space Exploration Technologies Corp is set to launch Egypt’s latest satellite NileSat 301 within days
The US-based Space Exploration Technologies Corp (SpaceX) is set to launch Egypt’s latest satellite NileSat 301 within days, Chairman of Egyptian Satellites (NileSat) (EGSA)…
