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THIS MORNING: US Chamber of Commerce COP27 conference continues; Wild day in US stocks; IMF outlook out today; Fed meeting starts today.
Good morning, wonderful people, and happy hump day. What are you doing this morning to stay warm? Most of us…
THIS EVENING: Egypt’s budget deficit widens slightly in 1H2021-22 + Tourism revenues returned to pre-pandemic levels in 2021 + House discusses tourism + hotels law
Good afternoon, wonderful people. Welcome to a relatively brisk Monday on this holiday-shortened workweek. THE BIG STORIES TODAY #1- Egypt’s…
Global FDI surges 77% in 2021; above pre-pandemic levels
Global FDI rebounds in 2021: Global foreign direct investment eclipsed pre-pandemic levels in 2021, rising 77% to USD 1.65 tn…
Another USD 2.6 bn in ITFC financing on the horizon?
Egypt to get USD 2.6 bn in financing from ITFC? The International Islamic Trade Finance Corporation (ITFC) has approved USD…
CBE grants KfW’s Green for Growth Fund tier-two debt license
German development bank KfW’s Green for Growth Fund (GGF) now has a license from the Central Bank of Egypt (CBE)…
THIS MORNING: Algerian prez in town today; ESG investing isn’t always ESG; Tensions continue to rise over Ukraine; Asia shares fall ahead of Fed meeting
It’s a crazy morning for capital markets nerds — in the best possible way. We have two IPOs inching toward…
Women are occupying more seats in corporate boardrooms + Brits’ wallets will take a hit… but it won’t be because of crypto spending
Is the glass ceiling for women in business starting to crack? An unprecedented number of women now hold seats in…
Primary surplus falls y-o-y in 1H2021-2022
Egypt generated a EGP 3.2 bn primary surplus in 1H2021-2022, Finance Minister Mohamed Maait said during the weekly cabinet meeting…
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