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It could take another month or two to finalize IMF support -Maait
Talks for an IMF facility could wrap in another month or two, Finance Minister Mohamed Maait told Bloomberg (watch, runtime:…
CBE (kind of) bucks the global tightening trend by leaving rates unchanged
CBE reaches for another tool in the toolbox: The Central Bank of Egypt (CBE) left interest rates unchanged on Thursday,…
THIS EVENING: Interest rates and monetary policy decisions at home and abroad + Hisham Selim passes away at 64
Good afternoon, ladies and gentlemen, and welcome to the end of the week. Today is all about interest rates and…
Anticipation ahead of MPC meeting + gold deposits at banks?
It was something of a slow night on the airwaves last night, with talking heads focusing on the Federal Reserve’s…
THIS MORNING: Central Bank of Egypt to decide on interest rates today + Fed raises rates by 75 bps for third successive meeting
The question on everyone’s lips this morning: Will the Central Bank of Egypt go through with its third rate hike…
What the USD’s rally means for the global economy + emerging markets
The USD has been on a tear this year. That strength is problematic for emerging markets and the global economy…
Foreign press highlights the impact of the economic crisis on Egyptian citizens + profiles Foreign Minister Sameh Shoukry
It’s a mixed bag in the international press this morning, with no single story dominating the conversation. Here are some…
Relaxation of import restrictions dominates the airwaves
Surprising no one, the CBE’s leaked new rules for facilitating FX for imports dominated the airwaves yesterday, with the nation’s…
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