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FX reserves see slight uptick in January
The country’s reserves inched up to just under USD 35.25 bn by the end of January
Non-oil private sector remains in contraction as inflation weighs on demand, dims business confidence
Egypt’s PMI fell to a three-month low of 48.1 from 48.5 in December
THIS EVENING: Weighed down by inflation, PMI contracts for the 38th month in a row
Good afternoon, folks, and happy Monday. The news cycle at home and abroad continues to be primarily led by macroeconomics…
Lamees El Hadidi explains why the EGP has strengthened against the USD
It was a one-woman show on the airwaves last night, with Kelma Akhira’s Lamees El Hadidi giving us the only…
Goldman Sachs, Morgan Stanley’s two cents on our IMF agreement
Goldman Sachs sees a USD 12 bn loan in our future
PMI figures for January out today
Good morning, ladies and gentlemen, and happy Monday. The news flow has slowed down a little bit today as everyone…
All about the economy in the foreign press
Egypt’s coverage in the international press is still all about the economy, with The Economist saying that the country is too big…
Talking heads weigh in on whether the government is planning the USD 22 bn sale of Egyptian land to Gulf investors?
Uncertainty was the overarching theme on the airwaves last night. If a devaluation is happening, when and by how much?…
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