This Week in Egypt: Week 18-2022 ( May 2-8)

Top headlines 

  • At least 11 Egyptian troops were killed in a militant attack east of the Suez Canal
  • Egypt private sector activity continues contraction on Ukraine war
  • Egypt’s international reserves inch up slightly in April
  • BNP Paribas expects Egypt to raise interest rates by 200 bps
  • Egypt to delay sale of state company shares until September
  • Egyptian security forces arrested 13 boys after a video of them harassing tourists went viral
  • Cairo begins operating new automated garbage suctioning trucks

Main Headlines


  • U.S. State Department says death of Egyptian researcher requires investigation
  • European Bank set to approve $20m loan to Egypt’s CIB to support lending to women-led small and medium-sized enterprises
  • First direct flight between Israel, Egypt takes off
  • Alexandria home and museum of Greek poet C.P. Cavafy to be restored


  • Brazil plans ‘fertilizer diplomacy’ trip to North Africa, Jordan to secure more imports
  • Egypt’s Sisi pardons 986 inmates on Eid El-Fitr





Egypt’s average daily Covid infection rate dropped to eight per day




From Twitter


About nervana111

Doctor, blogger and Commentator on Middle East issues. The only practising doctor who write in Middle Eastern politics in UK.
This entry was posted in Diary of Aak, Egypt and tagged , , , . Bookmark the permalink.

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