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It’s Fed day
Expect another 25-bps hike, taking rates to their highest level in 22 years
Federal Reserve expected to hike rates this week
A 25-bps hike would take the benchmark rate to its highest level since 2001
Last Night’s Talk Shows: Rolling blackouts continue to dominate conversation on the airwaves
Officials will hold a press conference soon to address the issue
Taqa Arabia shareholder sells 20% stake. PLUS: Beltone’s SODIC office building buy, Qalaa to study green aviation fuel with French firm — and more
The block trade comes three weeks after the company’s shares began trading on the EGX
Power outages, GERD latest, and the 23 July revolution
Electricity Ministry is hopeful ongoing power cuts are temporary
The economy grew 4.2% in FY 2022-23, preliminary figures show
Growth is expected to remain at 4.2% this year, according to a Reuters poll
Egypt more than doubles FDI + US Fed rates meeting next week
Good morning dearest reader and happy THURSDAY. We are happy to be joining you on this long weekend — which…
THIS EVENING: EFG closes PHD’s securitized bond issuance
Good afternoon dear readers, and happy new Islamic New Year (and the long weekend it has brought forth). We need…
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