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Declining non-oil private sector points finger at consumer spending
Good afternoon, friends, and a happy humpday to you all. Today’s slower newscycle comes as a respite in this warmer…
Tasaheel closes Egypt’s largest-ever corporate bond issuance
The bond was split into two tranches, and will serve to boost the microfinance player’s lending capacity.
Current account deficit rises to USD 11.1 bn in 1H FY 2024-2025
The trade deficit rose to 47.4% during the period
Egypt’s fifth IMF review is in the offing
Good afternoon, wonderful people. The news cycle is heating up, and coincidentally, so is the weather. Today’s issue includes a…
Net foreign assets increase for the third month running, recording USD 15.4 bn in March
Commercial banks recorded their first surplus since August
GCC share of emerging market USD debt climbs to 35% in 1Q -Fitch
The total GCC debt market crossed USD 1 tn by the end of March
Gaza spillovers, reform delays weigh on Egypt’s growth outlook, say IMF
The IMF downgraded the MENA region's growth outlook to 2.6% for 2025
The Duolingo owl is becoming less human
Popular language learning app Duolingo took to LinkedIn to announce its shift to an ‘AI-first’ business model
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