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  1. Egyptians Wary Rushed Elections Spell Tougher Times Ahead

    ...ility to raise cash for repayments, with top credit agencies downgrading the outlook for Egyptian debt. The IMF expects debt to increase from 88.5% of GDP in 2022 to 92.7% this year. Meanwhile, cumulative Gulf aid to Egypt since 2011 is estimated to have exceeded $110bn. This includes the $22bn pl...

    Volume: 66
    Issue: 43
    Published at Fri, 27 Oct 2023

  2. Iran Eyes Imminent Petrochemicals Boost

    ...d is PGPIC’s only methanol project under construction, with locally manufactured “super heaters” installed in June. Hengam is set to produce 726,000 t/y of ammonia and 1.155mn t/y of urea and has been under construction since 2011 – 12 years and counting. The project suffered a setback when Sa...

    Volume: 66
    Issue: 43
    Published at Fri, 27 Oct 2023