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THIS MORNING: Inflation data lands today; Israeli PM to visit Cairo next week? Bill Gates takes control of Four Seasons.
Good morning ladies and gents — we have a jam-packed issue for you to close out the week so let’s…
Egyptian, Norwegian FMs discuss investment, Palestinian aid
Palestine, investment focus of Egypt-Norway talks: Foreign Minister Sameh Shoukry discussed the Israel-Palestine conflict and bilateral investment with his Norwegian…
FX reserves inch up in August
Egypt’s foreign currency reserves inched up by USD 62.9 mn in August, reaching USD 40.67 bn from USD 40.61 bn…
Desperate for returns, bond investors are buying the junkiest junk they can find
Ultra-low rates are driving investors hungry for yield into the riskiest types of debt, the Wall Street Journal reports. Faced…
Can Egypt weather a taper tantrum 2.0?
Egypt’s world-beating real interest rate will help it weather an uptick in global rates, but the country faces some risk…
Egypt’s private sector is responding to rising inflation by buying. A lot.
Egypt’s non-oil private sector shrank again in August, but at a slower pace than in July: Business activity in Egypt’s…
Construction firm bags EGP 12 bn loan to finance Abu Qir port development
Construction outfit Gharably Integrated Engineering Company (GIECO) is set to receive a huge loan to develop the Abu Qir port,…
THIS MORNING: It’s PMI day; EgyptAir flights to Kuwait return today; Enterprise Bupa poll lands tomorrow
Good morning, wonderful people, and welcome to the first full week of September. How is it already the fifth of…
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