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IMF more upbeat on global growth, says covid-end “increasingly visible”
The IMF sees the global economy growing this year at a faster pace than previously expected, saying in its updated…
Growing global debt pile could lead to market shock down the line
Central bankers may have righted the ship, but investors are struggling to find returns and diversify their portfolios as stimulus…
Structural reform is more than just a buzz phrase, it’s what Egypt needs
The Egyptian economy’s cyclical rebound from the pandemic “keeps getting postponed,” Credit Suisse head of MENA research Fahd Iqbal said…
Why are VCs and angels wary about investing in green startups?
Why are VCs and angels wary about investing in green startups? In 2020, VCs and angel investors made 49 investments…
Operation tax + spend
Higher tax revenues will be used to subsidize increased government spending in the coming fiscal year, Finance Minister Mohamed Maait…
Private sector business contracts again, but the outlook is rosier
Egypt’s non-oil private sector continued to contract for the fourth consecutive month in March, but optimism reached new highs as…
What the markets are doing on 5 April 2021
Morocco’s debt is now rated junk after S&P downgraded the north African country’s long-term FX and local currency rating to…
Slowly, but surely
Egypt's foreign currency reserves inched up by almost USD 140 mn in March to end the month at USD 40.34…
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