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In line with consensus, Central Bank of Egypt leaves rates on hold in August meeting
CBE leaves rates on hold, in line with expectations: The Central Bank of Egypt (CBE) left interest rates unchanged for…
What we’re tracking on 13 August 2020
It’s a relatively slow news day this morning as we slide into the weekend, suggesting that we’re in the thick…
EBRD to extend USD 100 mn for covid-impacted SMEs in Egypt
DEBT WATCH- EBRD to extend USD 100 mn for covid-hit SMEs through Banque Misr: The European Bank for Reconstruction and…
Marakez signs EGP 670 loan agreement with local banks for Mall of Katameya
Fawaz AlHokair Group’s mall development company Marakez has signed a EGP 670 mn syndicated loan agreement with local banks to…
IMF releases staff report on pandemic aid to Egypt
The IMF report card that supported Egypt’s pandemic aid package is now out: The International Monetary Finance (IMF) released on…
Enterprise Poll: Central Bank of Egypt to leave rates on hold in August 2020
ENTERPRISE POLL- CBE likely to leave rates on hold when it meets this Thursday: The Central Bank of Egypt (CBE)…
Egypt’s inflation decelerated in July to 4.2%, below expectations
Annual headline inflation decelerated to 4.2% in July, down from an uptick to 5.6% in June, according to central bank…
Egyptian economy to grow at 2.5-3% clip in FY2020-2021 -HSBC
HSBC sees the Egyptian economy growing at a 2.5-3% clip in FY2020-2021 as strong economic fundamentals help the country weather…
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