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Egyptians Abroad Investment Company could kick off operations this year
The government has tapped investment firm Zilla Capital to manage the company’s assets
Egyptian officials make the rounds during the World Governments Summit
Egyptian officials met with the IMF’s Kristalina Georgieva and World Bank President Ajay Banga
Talk shows cover IMF chatter, new rules from the CBE, Gaza’s latest
All eyes on the IMF: The nation’s talking heads were all about IMF chief Kristalina Georgieva’s statements on our loan…
Egypt inching closer to new “large” IMF loan, says Fund chief
Georgieva said that the Fund’s talks with Egypt have been about a more flexible exchange rate, but not a float…
Goldman Sachs calls for Egypt to build liquidity buffers and curb FX demand before devaluation
Egypt’s policy objectives are unlikely to be achieved without further policy tightening and sufficient FX liquidity buffers ahead of a…
Inflation drops to its lowest level since January 2023
Annual inflation in urban areas slowed to 29.8% in January from 33.7% in December
Egypt could retain 20% in Ras El Hekma following sale to Gulf investor
The cabinet is currently reviewing “investment offers for important projects that are expected to generate huge resources of foreign currency”
THIS WEEKEND: An econ-heavy week, between new murmurs on the IMF program, an EGP 180 bn social package, and cooling inflation
Good morning, folks, and happy Friday. We don’t know about you all, but we’re quite relieved the weekend is finally…
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