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It’s a big day for capital markets with two interest rate decisions and a ton of earnings reports looming
It’s a big day for capital markets as investors await interest rate decisions from both the US Federal Reserve and…
Non-oil trade deficit declines 16% in 1H 2024
The improvement was attributed to a 9.8% increase in exports and a 3.3% decrease in imports
Our non-oil trade deficit narrowed 16% y-o-y in 1H 2024
Good afternoon, folks. The government’s efforts to slim down the country’s trade deficit seems to be going a lot better…
Gov’t wants to set up a pharma raw material hub. PLUS: News from OPay, Telecom Egypt, Madinet Masr
The hub will aim to meet local market needs and regional exports
The details of the EGP 50 bn subsidized loan program for hospitality players
Individual companies can access up to EGP 1 bn in subsidized funding
IMF completes third review of our loan program, enabling the disbursal of USD 820 mn
Egypt and the IMF reached a staff-level agreement on the third review early last month
Dual-class share structures come to the LSE today + central bankers meet this week in Washington, London, and Tokyo
Plus: Apple is seen pushing its new AI features to updates that will start trickling out in October
Demand for big-ticket items is on the decline following the float
March’s float continues to receive attention from foreign press. Bloomberg is out with a piece looking at the impact the…
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