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Unemployment falls slightly to 7.4%
Unemployment falls slightly in 4Q2021: Egypt's unemployment declined fractionally to 7.4% in 4Q2021 from 7.5% the previous quarter, according to…
CBE holding the line on new import rules
The Central Bank of Egypt (CBE) is not about to reverse its decision requiring importers to get letters of credit…
THIS MORNING: Egyps rolls on + Sisi is in Brussels for EU-AU summit
Good morning, wonderful people, and happy almost-THURSDAY. With the work week rushing to a close, we expect a final rush…
THIS EVENING: Unemployment is down + El Sisi heads to Brussels for EU-AU summit. Plus: The beginning of the end for Russia v Ukraine
Happy hump day, ladies and gentlemen. As we expected, the news flow is picking up this afternoon, with a solid…
Importers, get your letters of credit ASAP
Importers are going to need letters of credit to buy goods starting March: Documentary collection from exporters will no longer…
Private schools in Egypt are feeling the pinch of inflation
Inflation is hitting Egypt’s private schools, and those with high CAPEX expenses are feeling the greatest squeeze: Private schools have…
Private sector eclipses GASC as Egypt’s leading wheat importer
The private sector was Egypt’s leading wheat importer last year: Private sector wheat imports surpassed purchases by the state-run General…
Annual urban inflation highest in almost 2.5 years in January
Annual urban inflation hit its highest level in almost two and a half years in January due to rising food…
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