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Gov’t debt declined to 77.4% of GDP by the end of 2024
Good morning, friends. Enjoy your final sips of morning coffee and breakfast bagels for some time as it’s the last…
FinMin to reduce penalties for late tax payments by up to 90%
A number of tax facilities that have to do with SMEs, simplifying tax procedures, and settling disputes will take effect…
Tasaheel completes EGP 7 bn social sukuk issuance, Africa’s largest
PLUS- Attijariwafa Bank Egypt secured USD 20 mn from the IFC
Remittances from Egyptians abroad surge 51.3% in 2024
Inflows from Egyptians abroad inched up as they started sending more of their remittances through official channels following the EGP…
All eyes are on the Fed’s preferred inflation gauge, out this week
The market is already jittery after January’s hotter-than-expected consumer price index
Egypt’s competition watchdog targets 162 chick producers in price-fixing probe
The authority’s investigation found the accused companies colluding daily to fix broiler chick prices for poultry farmers and exchanging sensitive…
Egypt to complete EGP 2-3 bn sukuk issuance within a month
The issuance will be Egypt’s second-ever sukuk issuance and the first to be EGP-denominated
European stocks deliver their best performance against the US in a decade following Trump’s inauguration
Delayed US tariffs and potential peace in Ukraine are the main drivers of the rally in European stocks
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