Plans to privatise Egypt’s airports are taking shape, according to a cabinet statement this week
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While challenges remain, the privatisation of the United Bank could set a positive precedent for future reforms.
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Cyprus plans to export gas to Europe through Egypt's infrastructure, addressing Egypt's domestic energy shortage while boosting regional energy cooperation. Political, economic, and logistical challenges persist, but the partnership offers mutual benefits and increased energy security.
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There will be no further increases in fuel prices over the next six months, Government sources said this week following the latest round of increases, reports Sherine Abdel-Razek
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New privatisation deals are in the pipeline, together with potential Eurobond offerings and new foreign direct investment, reports Sherine Abdel-Razek
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The first visit by a German president to Egypt in 24 years highlights cooperation on the business and development levels rather than on politics.
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Official statements have been giving reassurances about the economy and laying the foundations for new policies, reports Sherine Abdel-Razek
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More hikes in the price of fuel are likely to come after the recent increase in prices, reports Sherine Abdel-Razek
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Al-Ahram Weekly takes a closer look at the performance of the Egyptian stock market and listed companies during the first half of this year.
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As the IMF closes its third review of its loan to Egypt, foreign-exchange inflows to the country are showing a marked improvement.
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Egypt’s subsidised baladi bread has gone up in price for the first time in more than three decades, reports Sherine Abdel-Razek
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With the slowdown in inflation and new inflows of foreign funds, the Central Bank of Egypt is likely to keep interest rates unchanged at its meeting this month.
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Egypt is ticking a lot of boxes, according to international financial institutions, reports Sherine Abdel-Razek
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Egypt’s augmented agreement with the IMF comes with a long list of recommendations.
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The minimum wage in the private sector has been raised for the fifth time in two years, reports Sherine Abdel-Razek
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Egypt’s 2024-25 draft budget includes major increases in spending on social protection, healthcare, and education
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In a busy week Egypt floated the pound, signed an enhanced IMF deal, and received the thumbs up from international financial institutions, reports Al-Ahram Weekly.
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The timing of the purchase of the development rights to Ras Al-Hekma on Egypt’s North Coast by the Abu Dhabi Sovereign Wealth Fund could not have been better for the economy.
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Recent statements about Egypt’s loan arrangements with the IMF have relieved many observers.
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How will the exclusion of Egyptian government bonds from the JP Morgan emerging market bond indices affect the country, asks Sherine Abdel-Razek
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