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EFG Hermes Corp-Solutions issues EGP 450 mn in debt
This is the second issuance in a wider EGP 3 bn program
Egypt’s foreign debt fell to USD 153 bn at the end of June
Medium- and long-term debt accounted for some 83% of our total foreign debt
CBE expected to keep rates unchanged when it meets on Thursday
All of the analysts and economists we surveyed see the MPC holding rates steady
IMF slashing of surcharges set to save Egypt USD 300-400 mn
Good afternoon, folks, and welcome to the start of the workweek. THE BIG STORY TODAY- #1- The IMF’s recently announced…
US inflation cools, sets stage for modest rate cut in November
A 0.25% rate cut in November, with December still up in the air
A shot at tax system simplification
Good morning, everyone, and welcome to the weekend. After a compressed workweek, we’re happy to sit back and unwind. With…
Chevron to start drilling a new gas well soon. PLUS: News from NBE, Raya IT
The project is part of a broader plan to develop gas reserves in the Narges field
Talk shows cover the announcement of fresh tax facilities
It was all about the recently-announced package of tax facilities on the airwaves last night. Finance Minister Ahmed Kouchouk yesterday…
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