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Goldman, Pictet thinks Egypt’s USD bonds are underrated
The yield spread between Egyptian USD bonds and US treasuries currently stands at 990 bps Goldman, Pictet are upbeat about…
Economists expect an uneventful Fed meeting ahead
It’s Fed day: The US Federal Reserve will announce its decision on interest rates later today following the end of…
IMF cuts our growth outlook — again
The Fund also revised downwards its growth estimate for the last fiscal year to 3.8%
Reports suggest we’re closing in on a new, larger IMF package + devaluation. Here’s what to watch for.
An IMF delegation has been in Cairo for two weeks to work out the contours of an agreement
Enap Sipetrol to invest USD 70 mn on drilling wells in the Western Desert. PLUS: News from Delta Steel, Labor Ministry, Madinet Masr
Enap wants to drill four development wells and three exploratory wells in its East Ras Qattara concession
Egypt’s economic woes under the spotlight
A quiet morning for Egypt in the foreign press:The one story noting this morning came from The National diving into…
Another econ-heavy night on the airwaves
The economy continued to drive the conversation on the airwaves last night. Between the central bank’s Monetary Policy Committee meeting…
Analysts split on CBE’s next move -Enterprise poll
The central bank has kept rates steady for the last three meetings
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