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El Sisi announces new wage hikes, financial support as cost of living spirals
The measures include a new hike in the public-sector minimum wage and higher pension payouts
Rising oil prices drive hotter-than-expected US inflation in August
Saudi Arabia and Russia are trying to push oil prices towards USD 100, complicating the Federal Reserve’s attempts to calm…
The government is extending its land-for-FX scheme for another 6 months. PLUS: Avanz Capital is planning fresh investment in Egypt
The initiative is one of many the government has introduced in response to the FX crunch
Fitch expects net foreign liabilities in Egyptian banks to rise amid FX crunch
Net foreign liabilities in the banking sector hit a record high in June
Cigarette price spike, politics + the niqab ban get coverage in the foreign press
No single story is dominating the international headlines on Egypt this morning, with Bloomberg looking at cigarette prices, the National…
Fully flexible exchange rate needed to counter pressure on EGP -IIF
The institute says devaluation works in the short term but isn’t sustainable
August was a record-breaking month (and not the good kind)
A series of currency devaluations has sent consumer prices surging this year
THIS EVENING: Inflation accelerated again in August, hitting a new all-time high. PLUS: Welcome, Beltone Holding
Good afternoon, wonderful people, and welcome to a special issue of EnterprisePM, your essential rundown on the biggest headlines of…
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