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Talk shows explore a fresh IMF report on Egypt’s loan program. PLUS: US pro-Palestine student protests get airtime
The biggest risk to Egypt’s loan program will be maintaining a free exchange rate, says economist Mohamed Fouad
Egypt could receive another USD 820 mn tranche in June
The country has met 7 out of 15 structural reform targets set by the fund
Goldman Sachs forecasts 2% CBE interest rate cut in May
Good morning, friends. It may not just be the weather that’s warming up in Egypt at the moment, with news…
EGX-listed companies can now buy or sell treasury shares on the open or secondary markets. PLUS: CBE to start accepting all bids from weekly fixed-rate main operation auctions, Belmazad launches online real estate auction platform
The amendments aim to increase demand for treasury shares
Next fiscal year’s draft state budget dominated the airwaves
Finance Minister undersecretary Ahmed El Sayed sees a “systematic change” in the gov’t approach to economic growth.
Egypt’s FY 2024-2025 draft budget delivered to the House
Next year’s draft budget is the first consolidated public government budget that includes budgets of all the state’s economic bodies
The EGX plummeted 4.9% yesterday
Good morning, folks. The government’s draft state budget for the coming fiscal year has finally dropped. In today’s issue, we’ve…
UK to channel USD 400 mn in budget support?
Good morning, friends. We’ve got a packed issue for you today, with news that the government is set to offload…
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