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THIS MORNING: Savers pour EGP 41 bn into Banque Misr’s new CDs + Net foreign liabilities deepened in February
And the Donald pleads “not guilty”
THIS EVENING: PMI inches down again in March as EGP + inflation weigh on private-sector activity
Good afternoon, ladies and gents, and happy hump day. We’re looking at a Goldilocks news day so far — not…
Another dispute with a foreign investor is settled
NCGC will pay EGP 231 mn to settle
External debt hits record high in 2Q FY 2022-2023
External borrowing hit USD 162.9 bn by the end of December
THIS MORNING: CIB launches three-year, 22% CD
Also: The taxman may come up with its own USD-EGP rate for you to use when filing your taxes
Locked fees proved to be a bad idea for private and international schools in Egypt
Schools that locked in lower fees to attract clientele are feeling the pinch
It’s a mixed bag in the foreign press on 3 April 2023
The KSA wants returns and reforms
Two big state-owned banks announce two (not-so-big) CDs
Big Two state-owned banks introduce new CDs: Banque Misr and the National Bank of Egypt are issuing two new high-interest…
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