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Gov’t lifts price cap on rice
Last night’s talk shows: Food prices and news of the release of six Egyptians kidnapped in Libya got a lot…
PM Madbouly meets Turkish companies to drum up investment
INVESTMENT- Mending ties with Turkey through FDI: Representatives of a number of Turkish companies met with Prime Minister Moustafa Madbouly…
Economy back in the spotlight
Economy talk is once again dominating coverage of Egypt in the international press this morning. Egypt is far from peak…
Unemployment dips in 4Q 2022
down 0.2 percentage points from the July-September quarter
THIS MORNING: Sovereign sukuk as soon as next week? And worth up to USD 5 bn?!_StoryHedWeb_! Egypt to issue its maiden sovereign sukuk as soon as next week?
Final timing of the issuance dependent on market conditions
External debt falls for a second consecutive quarter
This is the second consecutive drop since external debt hit a record high in 3Q 2021-2022
Expat car-for-FX scheme likely to be extended again amid low turnout
The scheme allows expats to bring cars into Egypt
USD 1 bn for expansion at CIB, the wind-down of CVentures, and pharma goods stuck in port?
BANKING- CIB could raise USD 1 bn for expansion: CIB is seeking regulatory approval to issue financial instruments worth up…
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