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Egypt’s inflation dips slightly in March to 5.1%
Inflation dips slightly in March to 5.1%: Annual urban inflation cooled to 5.1% in March from 5.3% in February, according…
Egypt could earmark more funding for covid-19 fight
Egypt’s commitment to insulating the economy from the impact of covid-19 is “open-ended” and could go above the EGP 100…
What we’re tracking on 12 April 2020
We’re headed into a four-day long weekend, friends, and we cannot ever recall having been more profoundly grateful for a…
Egypt in the News on 10 April 2020
Leading the conversation on Egypt this morning is a Financial Times piece suggesting that Egypt has seen outflows of USD…
Sharp downturn in business sentiment shows economic impact of covid-19 in MENA
Sharp downturn in business sentiment shows economic impact of covid-19 in MENA: IHS Markit’s purchasing managers’ index (PMI) for March…
Central Bank of Egypt to scrub 100k individuals, 8k companies scrubbed from i-Score blacklists
CBE clears 8k companies, 100k individuals from i-Score blacklists: The Central Bank of Egypt (CBE) has decided to scrub individuals…
Egypt’s foreign reserves dip USD 5 bn in March
FX reserves dip in March for the time in 14 months: Foreign reserves dipped USD 5.4 bn in March to…
What we’re tracking on 8 April 2020
The 7pm-6am curfew to slow the spread of covid-19 technically expires today. We say “technically” because it was imposed on…
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