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We’re stocking up on greenbacks
Foreign reserves reached their highest level since April last month, rising almostUSD 800 mn in December to top USD 40…
The 2020s ≠ the 1930s, but...
Global growth is expected to be slightly lower than previously expected as cases continue to accelerate in advanced economies, the…
Covid bites once again
Egypt’s non-oil private sector recovery stalled again in December as covid-19 cases climbed steadily throughout the month, causing muted consumer…
What we’re tracking on 6 January 2021
Merry Christmas to everyone who will be celebrating today and tomorrow — we wish you a beautiful, relaxing day with…
Mohamed Farid, Naglaa El Bayli appointed assistant planning ministers
Mohamed Farid and Naglaa El Bayli have been tapped as assistant planning ministers, following a decision by Planning and Economic…
How about a vacation to Basel instead?
Banks have until 1 January 2022 to comply with updated Basel III requirements — aka Basel IV — on managing…
Meet our green(er) future
The Central Bank of Egypt (CBE) has launched a multi-bn EGP program to encourage car owners to outfit their vehicles…
What we’re tracking on 5 January 2021
Good morning, friends, and welcome to a particularly busy Tuesday on this holiday-shortened week. Two big stories are vying for…
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