• Wednesday, 27 April 2022

    USAID wants to help us with food inflation + Egypt condemns Israeli actions at Al Aqsa

    USAID’s Samantha Power, Al Mashat discuss food security, COP27: USAID wants to help Egypt mitigate the impact of rising food prices amid war in Ukraine, agency administrator Samantha Power told International Cooperation Minister Rania Al Mashat during talks on Monday,...
  • Monday, 18 April 2022

    House Planning Committee to review 2022-2023 draft budget

    The House of Representatives voted in plenary session yesterday to send the draft FY 2022-2023 budget to the budget and planning committee, Youm7 reports.The FY 2022-2023 budget was recently restructured to “reassess priorities” after the Ukraine conflict shook global commodity...
  • Thursday, 7 April 2022

    Cabinet gives final approval on Income Tax Act amendments

    Ministers green-lit a number of decisions at yesterday’s cabinet meeting, including amendments to the Income Tax Act and the date at which the new hotel price floor will be applied across the country.The mystery income tax changes were approved: Cabinet...
  • Thursday, 20 January 2022

    Our maiden sovereign sukuk issuance is inching closer

    The Finance Ministry just got the green light to start preparing to take its first sovereign sukuk issuance to international markets, after the Madbouly Cabinet signed off on the move during its weekly meeting yesterday. The issuance is expected to...
  • Thursday, 25 November 2021

    More green finance from the EBRD

    EBRD pumps more USDs into Egypt: Intro Sustainable Resources (IRS) is in line to receive USD 5.3 mn in green finance from the European Bank for Reconstruction and Development (EBRD), according to the bank’s website. The money will go towards...
  • Tuesday, 2 November 2021

    USAID is giving us USD 125 mn in fresh development grants

    Egypt is getting seven grants worth USD 125 mn from the US to support education, health and other development projects, USAID and the International Cooperation Ministry said in statements yesterday.The breakdown: Almost USD 50 mn of the money will go...
  • Tuesday, 1 June 2021

    Also on our Radar on 1 June 2021

    Other things we’re keeping an eye on this morning: Representatives of German shipmaker Lürssen discussed Egypt’s shipbuilding industry and modernizing local shipyards with President Abdel Fattah El Sisi during a meeting in Cairo yesterday.The Global Academic Foundation will spend EGP...
  • Monday, 19 April 2021

    THIS MORNING: US Chamber wanted Egypt to attend Biden’s climate fest + Reviving tourism in Esna

    Good morning, nice people, and welcome to day seven of Ramadan. The big story this morning: at least 11 people were killed and nearly 100 injured in yet another train accident yesterday. There are at least a half-dozen investigations now...
  • Tuesday, 9 February 2021

    Your feel good story of the week, courtesy of Egypt’s universities

    How Egyptian universities are creating “safe women’s units” to support victims of domestic abuse: Cairo University’s Kasr Al Ainy Teaching Hospital opened the first of these units that help victims recover from the physical and psychological effects of violence while...

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