The international press is focusing on the return of foreign inflows to our FX market following the latest devaluation of the EGP (get the full story in What We’re Tracking Today, above.) Bloomberg is also out with a recap on the recent movements in the EGP / USD rate as policymakers transition to a fully flexible exchange rate regime, part of our USD 3 bn loan agreement with the IMF.

Also making headlines:

  • Is Sufism growing in Egypt? New generations are reportedly showing interest in mysticism and its rituals. (Qantara)
  • Al-Monitor reports on the issue of child marriage as a draft law prohibiting the marriage of minors waits for a vote by the House of Representatives.
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