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Egypt in the news on 31 July 2019
It’s another quiet morning for Egypt in the foreign press. Among the few headlines worth a quick skim: The IMF…
What we’re tracking on 31 July 2019
We are in the full swing of the summer news slowdown, folks. But what little is happening these days is…
BofA sees “mildly more flexible” USD / EGP rate on the horizon for Egypt
BofA sees “mildly more flexible” USD / EGP rate on the horizon: The USD / EGP rate could be “mildly…
Egypt poverty rate stands at 32.5%, according to latest CAPMAS income report
Egypt’s poverty rate in FY2017-2018 stood at 32.5%, according to Capmas’ income and expenditure survey, the highlights of which were…
Egypt working on new income tax, VAT laws -Maait
LEGISLATION WATCH- Brace yourself for a brand new income tax law: The government is working on a new income tax…
Macroeconomic indicators were the topic du jour on Egypt’s airwaves
Capmas’ release of the income and expenditure survey results, and rising tax revenues were the talk of the town on…
What we’re tracking on 30 July 2019
We’re starting to see signs of renewed momentum in the state privatization program: State investment bank NI Capital is moving…
Egypt’s current account deficit to continue to widen as trade balance deteriorates -Fitch
We may be close to finishing the IMF program, but our trade balance isn’t looking much better: Egypt’s current account…
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