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Cabinet approves FY 2023-2024 budget
The Finance Ministry has trimmed next year’s growth outlook to 4.1%
THIS MORNING: It’s interest rate day. PLUS: Introducing Enterprise Logistics.
Expect a huge rate hike when the MPC meets later today
The economy leads the conversation on Egypt in the international press
PLUS: Reuters profiles a recycling initiative for kids living in Manshiyat Nasser
THIS MORNING: There’s more speculation about devaluation ahead of Thursday’s MPC meeting
The USD rate has continued to widen in the parallel and derivative markets in recent days
There are few hundred mn jobs at risk of being wiped out by AI + Layoffs are happening beyond tech
AI is taking over a lot of jobs — and there are a whole lot of layoffs
Things aren’t getting easier for Egypt’s poultry companies
Chicken production has almost halved over the past six months
Four industrial developers receive land in New October City
IDG, Elsewedy, Polaris and CPC each took home new land, according to a report
“Large-scale” privatization key to ending our FX crisis -Morgan Stanley
Bank thinks Egypt could bring in USD 7 bn from program by next year
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