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What the markets are doing on 11 April 2021
Alibaba just got slapped with China’s largest antitrust penalty, with Chinese regulators imposing a USD 2.8 bn fine on the…
Gov’t to support 1 mn aspiring entrepreneurs through state-backed learning program
A “1 mn entrepreneurs” initiative will make educational material for aspiring entrepreneurs available online as part of the state-backed Rowad…
JPMorgan is looking at Egypt
JPMorgan has confirmed that it is studying whether to include Egypt in its emerging-markets government bond index, Reuters reports. In…
Inflation uptick as Ramadan approaches
Annual headline inflation accelerated slightly to 4.8% in March, up from 4.6% in February, state statistics bureau Capmas’ latest reading…
TONIGHT: We’re waiting for Ramadan restrictions — and for details on Biden’s plan to tax multinationals
…and that’s a wrap, everyone. We hope Thursday has been kind to you all and that you’re looking forward to…
More financial inclusion for pensioners + PayTabs, valU services coming to LuLu
Pensioners will soon have access to “new electronic channels” to receive and use their monthly payments under an MoU the…
Egypt on surer fiscal ground + more debt relief agreed + IMF backs wealth tax
IMF upgrades Egypt budget projections in latest outlook: Egypt’s public finances have withstood the test of covid-19 better than previously…
Somehow we’ve generated a primary surplus so far this fiscal year
The Madbouly government delivered a primary surplus of EGP 25 bn during the first nine months of FY2020-2021, despite the…
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