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Analysts think we’re in store for some promising inflation news later today
Good morning, friends. In an unusually quiet morning in the international business press, it’s not much different over in Egypt…
IMF reaches staff-level agreement on third loan review
The Fund warned that the impact of the war on Gaza and trade disruptions in the Red Sea could pose…
Today’s rate cuts could revive the EU’s economy, but the path forward is murky
Some wonder whether it would be a mistake for the ECB to diverge from the US Federal Reserve for the…
Mashreq’s USD 500 mn bond sale meets heavy demand, allows lender to lock in the lowest coupon by a UAE bank in past three years
The issuance was 4.4x oversubscribed
Central bank switches around rules for hiring auditors and accountants. PLUS: News from Misr Ins. Holding and MM Group
Firms have 12 months to comply with the new rules.
Egypt was among Saudi Arabia’s top investors last quarter
Egypt along with the UAE and Singapore each closed three agreements in the Kingdom
Egypt’s non-oil private sector inches closer to growth
Egypt’s PMI rose to 49.6 in May, verging on the edge of growth
Foreign reserves soar to all-time high following Ras El Hekma funds
FX reserves hit USD 46.1 bn at the end of May
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