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Gov’t revises FY2020/21 GDP forecast upwards to 3.8%
Gov’t GDP forecast revised upwards:The government expects the economy to grow at a 3.5-3.8% clip in the current fiscal year,…
IMF gives initial approval to second tranche of USD 5.2 bn standby loan
Egypt is on track to receive the second tranche of its USD 5.2 bn IMF standby loan after it reached…
CBE extends USD 3.8 bn repo agreement with int’l banks
CBE extends term of USD 3.8 bn repo transaction with int’l banks to six years: The central bank has agreed…
Egypt ready to dole out more stimulus if covid-19 second wave hits
The government is prepared to dole out further stimulus should a second wave of covid-19 take hold in Egypt, Finance…
Your top education stories of the week
Your top education stories of the week: Egyptian students will soon be able to apply to a financial markets masters…
How Egypt’s lending landscape makes borrowing a difficult option for university tuition fees
Can banks do more to help students pay for university, especially during covid? With rising tuition costs, there is a…
Unemployment rate falls back to pre-pandemic levels in 3Q2020
Egypt’s unemployment rate returned to pre-pandemic levels in 3Q2020, falling to 7.3% after the government eased lockdown restrictions in late…
What we’re tracking on 16 November
Good morning, friends. We have a ton of investment news for you this morning and a welcome development on the…
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