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High-performing EGP overvalued, likely to fall amid covid-19 EM asset dump -analysts
High-performing EGP “overvalued,” likely to fall amid covid-19 EM asset dump -Bloomberg report: The EGP has continued performing well amid…
Egypt cuts GDP growth forecast to 5.1% from 5.6% in FY 2019-2020
Gov’t revises downwards economic growth forecast this fiscal year to 5.1%: The government has cut its GDP growth forecast for…
Covid-19 still top story on talk shows
The nation’s talk shows were back last night with all the latest on the covid-19 outbreak: Min Masr’s Amr Khalil…
What we’re tracking on 29 March 2020
Wait, you mean the sell-off is over? US markets entered and exited bear market territory (defined as 20% off a…
EGP to be included on Beni clearing platform
Arab payment platform Beni will include the EGP as a settlement currency following a decision by its proprietor, the Arab…
Pandemics are an inherent risk of globalization — so how do we counter the threat?
A pandemic like covid-19 wasn’t just anticipated — it is an inherent risk of globalization, and we need to determine…
Business activity in US, Europe sucker punched as manufacturing and services suffer record blow
Business activity in US, Europe sucker punched as manufacturing and services suffer record blow: Business activity has hit record lows…
NBE, Banque Misr sell EGP 21 bn in new fixed-rate savings certificates in first three days
New bank certificates prove popular: The National Bank of Egypt and Banque Misr have sold EGP 20.9 bn of their…
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