The state-owned Holding Company for Water and Wastewater is set to obtain a EGP 10 bn credit facility
The state-owned Holding Company for Water and Wastewater (HCWW) is set to obtain a EGP 10 bn credit facility after it finalizes an agreement…
Egypt will issue “Samurai” bonds next month
Egypt will issue “Samurai” bonds next month. The Egyptian government intends “Samurai” bonds will be offered in Japanese yen before the end of next…
Geopolitical conflict usually gives way to stagflation
Finally, aid entered Gaza via Egypt border yesterday
Finally, aid entered Gaza via Egypt border yesterday, hours after US hostages were released by Hamas after mediation from Qatar. Last Thursday, the news…
Jordan cancels summit on Washington’s pro-war stance
Jordan cancels summit on Washington’s pro-war stance. Jordan’s foreign minister Ayman Safadi said last Tuesday that Amman had canceled the planned four-way summit between…
SCA raises Suez Canal transit fees starting mid-January
SCA raises Suez Canal transit fees starting mid-January. The Suez Canal Authority (SCA) has decided to raise transit fees as of January 15th, 2024.…
Israel and Egypt face pressure to relieve humanitarian crisis in Gaza
Israel and Egypt face pressure to relieve humanitarian crisis in Gaza. International pressure has mounted on Israel and Egypt to relieve the humanitarian crisis…
Fears of wider Middle East conflict cast shadow over global economy
Egyptian government boosts social protection with EGP 529.7 billion allocation in 2023/24 draft budget
Egyptian government boosts social protection with EGP 529.7 billion allocation in 2023/24 draft budget. The Ministry of Planning and Economic Development in Egypt has…
Egypt’s IMF loan review will come before the end of the year
Egypt’s IMF loan review will come before the end of the year. The IMF has delayed two reviews of our 3 billion USD assistance…
