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Commodity prices are falling back — but is it enough to tame inflation?
Commodity prices are beginning to cool — and it’s stirring hope that inflation has peaked: Investors who piled into assets…
Budget deficit narrows to 6.1% in FY2021-2022
Gov’t beats FY2021-2022 budget deficit target -preliminary figures: The budget deficit narrowed to 6.1% of GDP in FY2021-2022 from 7.4%…
The boomerang of chip inflation hits manufacturers
Is the global chip shortage finally over? The global chip shortage — one of the biggest legacy pains of the…
Last Night’s Talk Shows: Of debt, houseboats and a cigarette shortage
No single story dominated the conversation on the airwaves over the weekend, with the nation’s talking heads devoting coverage to…
El Mostakbal taps Ayman Elkousey + Hisham Ramez to serve third term as AIB chair
El Mostakbal for Urban Development has appointed Ayman Elkousey (LinkedIn) as managing director and CEO, the company announced in a…
Talks over amendments to Competition Act are deadlocked
Will the Competition Act prove too controversial to pass the House this session? Differences over proposed amendments to the Competition…
CBE sets new pricing policy for mobile wallet transfers, extends exemption fees on some inter-bank transactions
ATM fees are back — and there’s a cap on how much you can withdraw: The Central Bank of Egypt…
GASC makes huge wheat buy + World Bank approves USD 500 mn loan
State makes its biggest wheat buy in a decade as futures dip: State grain buyer GASC last week purchased 815k…
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