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More international ink on the cost of living in Egypt
More on the challenges facing our economy in the int’l press: The government’s push to tackle dollarization and inflation through…
More economy lessons from the pundits + Giza Zoo overhaul
The economy once again took center stage on the talk shows over the long weekend: The pundits spent plenty of…
Newly introduced 25% CDs see massive demand in first two days + Big Two bag USD 700 mn facility
The newly released 25% certificates of deposit have raked in almost EGP 100 bn in a matter of days —…
THIS MORNING: We’re back with a big week for the Egyptian economy
Good morning, wonderful people, and welcome back to work. We hope you (and the kids trudging back to school) had…
Tech players are going through more layoffs + Foxconn is losing its grip on iPhone production monopoly
The layoff wave hitting tech players isn’t over yet: NYSE-listed tech giant Salesforce is reducing its 79k+ headcount by 10%,…
THIS EVENING: EGP slips against the USD to new record + Merry Christmas, everyone
Happy THURSDAY, wonderful people. We made it through the first work week of 2023 and are being rewarded with another…
A message from Mashreq
Outlook for 2023 Message by Amr El Bahey — CEO of Mashreq Egypt Global economic activity may face some headwinds…
US Fed hints at a slowdown — but no pause — in rate hikes at next meeting
The Fed suggests coming rate hikes may be smaller: US Federal Reserve officials agreed to slow the pace of rate…
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