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Tax incentives could be in the pipeline for companies willing to IPO at least a 20% stake
Author Archives: enterpriseam admin
Posted inLAST NIGHT’S TALK SHOWS
Another econ-heavy night on the airwaves
The economy continued to drive the conversation on the airwaves last night. Between the central bank’s Monetary Policy Committee meeting taking place on Thursday and soaring commodity prices, it was a busy night for the nation’s talking heads. Another vote in favor of the CBE keeping rates unchanged: The central bank will likely hold rates […]
Posted inEGYPT IN THE NEWS
Egypt’s economic woes under the spotlight
A quiet morning for Egypt in the foreign press:The one story noting this morning came from The National diving into Egypt’s economic woes, from FX shortages to inflationary pressures and commodity hoarding and price gouging.
Posted inAlso on our Radar
Beko’s appliance factory gets EBRD funding. PLUS: Centamin has big plans for Egypt
Beko’s home appliances factory is expected to produce 1.1 mn appliances a year
Posted inPLANET FINANCE
US economy beats Europe, Asia to recovery from Covid-era headwinds
The US hit its 2% inflation target across the second half 2023
Posted inCALENDAR
2024 JANUARY 30 January (Tuesday): The IMF’s World Economic Outlook report due to be published. FEBRUARY 1 February (Thursday): Central Bank of Egypt’s Monetary Policy Committee meeting. 1 February (Thursday): OPEC+ oil market monitoring online meeting. 4 February (Sunday): The Senate meeting. 8 February (Thursday): Deadline to apply to Shalateen Mining Company’s international gold exploration […]
Posted inWHAT WE’RE TRACKING TONIGHT
THIS EVENING: Car import scheme expected to reel in USD 2 bn, FinMin says
Good afternoon, friends and happy Monday. It’s still a relatively slow news week so far, although there are early signs the newscycle is picking up. THE BIG STORY TODAY FX projections for the car import scheme rise to USD 2 bn: Registrations from the first two phases of the car-for-FX initiative are now expected to […]