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Last night’s talk shows: IMF’s GDP growth forecast for Egypt + no lockdown plans
The talking heads had plenty to mull yesterday thanks to an active news cycle, but no single story dominated the…
Egypt stock of external debt reaches USD 115 bn in 2019 -World Bank
Egypt’s external debt grew 14.9% in 2019 to USD 115.1, from USD 100.1 bn the previous year, according to the…
Egypt’s state revenues withstand EGP 220 bn shortfall in FY2019-2020 -Maait
State revenues took a EGP 220 bn hit in FY2019-2020 due to the pandemic, Finance Minister Mohamed Maait told Hapi…
Annual core inflation rose to 3.3% in September from 0.8% in August
Annual core inflation rose to 3.3% in September from 0.8% in August, while monthly core inflation rose to 0.1% from…
Insurance companies face new capital requirements to protect against EAS risk
REGULATION WATCH- Insurance companies will now be required to hold 1% of assets in reserve after the Financial Regulatory Authority…
What we’re tracking on 12 October 2020
Mondays are typically the quietest news day of the week, and today is no exception. So a pro tip for…
Egypt in talks with Spanish lenders for USD 160 mn loans to buy sleeper trains
Egyptian National Railways (ENR) is in talks with unnamed Spanish lenders for a USD 160 mn loan to purchase six…
Diplo + Foreign Trade on 11 October 2020
Topping diplomacy news this morning: Egypt’s maritime border demarcation agreement with Greece got signoff from President Abdel Fattah El Sisi…
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