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Why investors are abandoning triple-C debt: An explainer
During recessions, investors tend to shy away from triple-C debt. Sounds like a no-brainer, right? Not quite. Monetary policy makers…
Emerging markets to reap the benefits of a Fed rate cut -Bloomberg survey
Emerging markets to reap the benefits of a Fed rate cut -Bloomberg survey: Emerging market equities, bonds, and currencies will…
Egypt’s FinMin studies increased tax rates for cigarettes
EXCLUSIVE- Cigarette prices may rise soon thanks to a potential tax increase: The Finance Ministry is studying a proposal to…
Egypt’s FX reserves inch up in June
FX reserves inched up slightly to USD 44.35 bn at the end of June, up from USD 44.27 bn the…
Egypt’s current account deficit almost doubles in 3Q2018-2019
Current account deficit almost doubles in 3Q2018-2019 as non-oil imports rise: The current account deficit almost doubled during 3Q2018-2019 to…
Enterprise poll: CBE to leave key interest rates on hold this Thursday
SURVEY- CBE to leave key interest rates on hold this Thursday: The Central Bank of Egypt will leave key interest…
Government raises fuel prices, phasing out remaining fuel subsidies
Government raises fuel prices, phasing out remaining fuel subsidies: The government raised fuel prices by between 16% and 30% over…
What we’re tracking on 8 July 2019
Welcome back, ladies and gentlemen — it’s a busy start to what’s likely to be a busy week. We have…
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