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US core inflation undershoots forecasts, raises early rate cut speculations
Economists expect the Fed to require more consistency before any speed-ups
Egypt’s current account deficit doubles to USD 5.9 bn in 1Q FY 2024-2025
The deficit was driven by a sharp increase in the trade deficit and a significant decline in Suez Canal revenues
IMF, World Bank cut Egypt's growth forecast
The IMF now sees the economy growing at a 3.6% clip during the current fiscal year
Raseedi eyes seven-figure investment in newly acquired nanocredit outfit Kashat. PLUS: Apache, Madinet Masr, Bank ABC + Eroglu Garment, Goldman Sachs
Raseedi is negotiating with a VC firm and three banks for EGP 3 bn in financing over three years
We’re getting a revamped Companies Act that GAFI says will be ‘in line’ with changing investment climate
The law outlines the regulatory framework for the incorporation, management, and dissolution of companies in Egypt
FinMin to release new public debt policy in March, introduce a three-year budget
Investment Ministry is meeting with private sector and government bodies to come up with a decent estimate of the country’s…
Qatari, Egyptian investors eye USD 100 mn steel and iron factory
Good morning, ladies and gentlemen. After a busy start to the week, the news cycle has shifted down a gear,…
Global fixed-income issuances hit a new bar of USD 10.7 tn in 2024
The Mena region’s bond issuances reached a three-year high level due to a surge in corporate issuances.
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