#IMF loan
Reaching a dead end? Where Egypt and the IMF stand on the stalled loan program
The state might have to renegotiate some debt servicing deadlines.
Mohamed Ezz
19 دقيقة قراءة
تصنيف
Economy
754
منشور في هذا التصنيف
#state offering program
Privatization announcement premature, deals held up by negotiations navigating investors’ concerns over foreign exchange value
The fanfare over the completion of deals worth US$1.9 billion is premature, sources say.
6 دقيقة قراءة
#Egyptian economy
Drop of value in household savings could reflect decreasing confidence in currency, experts say
These consumption cycles could further suppress the pound's value.
4 دقيقة قراءة
#budgets
FY 23/24 draft budget: Health, education allocations continue to fall, sit below half constitutional mandate
Continuing a long-standing trend, Egypt’s budget for the coming fiscal year will fall below constitutional mandates for allocations to health and education…
5 دقيقة قراءة
#competition Law
Splitting the pharmacy pie: How the El Ezaby-sovereign fund deal will usher in new monopolistic player
The move will see El Ezaby, Egypt's largest pharmacy chain, expand twofold within two years
Beesan Kassab و Mohamed Ezz +2
9 دقيقة قراءة
#IMF
Proscriptions ahead of IMF review: Another dose of devaluation, please
Egypt’s currency continues to be overvalued and primed for a further devaluation.
Mohamed Ezz
13 دقيقة قراءة
#Telecom Egypt
Govt halts sale of Telecom Egypt shares to UAE amid concerns over ceding of strategic assets, expectations of further pound devaluation
The government backed out on March 20 from a deal to sell 10 percent of Telecom Egypt’s shares to a strategic investor…
5 دقيقة قراءة
#Islamic studies
Reading turath in Ahmed Sadiq Saad’s texts
Tanmiya and turath: a dehistoricized tradition is the effect and pivot of a dehistoricized present
Nasr Hamid Abu Zeid
44 دقيقة قراءة
#privatization
Distraction offerings: What’s behind Egypt’s ambitious plan to sell shares in state companies
In many ways, it is a race against the clock, and not just the IMF clock
Ahmed Bakr و Reham al-Saadany
8 دقيقة قراءة
#energy and fuel subsidies
Government hikes consumer fuel prices for 1st time in months
The state is cutting back on energy subsidies in line with conditions set by the IMF's recent loan.
4 دقيقة قراءة
#privatization
Partially privatizing Misr Insurance, Misr Life Insurance: Inviting investors into a sector primed for growth
The state's move to partially exit the local insurance market comes due to extreme economic need.
Ahmed Bakr و Salma Hindy +1
9 دقيقة قراءة
#privatization
Govt announces plans for partial privatization of 32 state companies, assets amid economic crisis
This program is a repackaging of a 2018 IPO program that stumbled due to hostile market conditions.
9 دقيقة قراءة
#Gulf investment
Qatari purchase of state shares in Vodafone Egypt stumbles due to dispute over acquisition size, pricing
Qatari investors want to buy based on an earlier valuation, but Egypt is pushing for a higher price.
4 دقيقة قراءة
#fisheries
Video | Empty nets
Fishermen share observations of changes in their work environments that have resulted in empty nets.
Menem Sami
1 دقيقة قراءة
#Heliopolis Company for Housing and Development
State company breaks off real estate deal, cites fluctuating land value amid rumored interest from UAE partner
UAE's sovereign fund has shown interest in buying into govt real estate assets on many occasions.
4 دقيقة قراءة
#devaluation
Devaluation drama and hot money’s return: What happened with the pound’s historic plummet?
'As long as there is more demand than supply, the price of the pound will continue to decrease.'
Mohamed Ezz و Reham al-Saadany
15 دقيقة قراءة
#Suez Canal
Selling the Suez? New fund to capitalize canal’s assets stirs concerns over sovereignty
Final approval of the bill was postponed until the coming parliamentary session.
10 دقيقة قراءة
#environment
Welcome to Sharm el-Sheikh: President’s City, City of Peace, City of COP27
Beneath the mask the city’s donned for COP27 are the marks of years of uncalculated redevelopment
Mohamed Ezz و Nada Arafat
15 دقيقة قراءة
#carbon emissions
Cashing in on greenwashing? Egyptian solar companies sell carbon certificates to Global North
Some note that carbon trading does little to reduce the net production of harmful emissions.
Mohamed Ezz
4 دقيقة قراءة
#IMF loan
Egypt, IMF agree to smaller loan after sticking points prove political nonstarters. But will it be enough?
Egypt's refusal to acquiesce to two conditions ultimately reduced the value of the loan
Mada Masr
14 دقيقة قراءة
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