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Different themes occupy the nation’s talking heads yesterday
No particular theme dominated last night’s talk shows. Among the handful of business-relevant stories: Egypt’s balance of payments report carried…
Money supply growth continues to slow in February
Money supply growth continues to slow: Egypt’s pace of M2 money supply growth continued to slow in February, falling slightly…
FinMin releases Egypt’s draft FY2019-20 budget
The state’s FY2019-20 budget is now with the House: The Finance Ministry sent yesterday its draft FY2019-20 budget (pdf) to…
What we’re tracking on 1 April 2019.
No April Fools here: It’s the first day of April, starting the clock on 1Q19 earnings season. The resident 11-year-old…
Gov’t bases 2019-20 budget on stronger EGP
Gov’t sees EGP staying strong in 2019-2020 budget: The government is basing its 2019-20 budget on the average exchange rate…
El Sisi unveils public sector wage, pension increases
The minimum wage is going up for state employees — but apparently not for the private sector. The public sector…
Egypt to take EUR-denominated eurobond issuance to market next month
Egypt to take EUR-denominated eurobond issuance to market next month: The Finance Ministry is planning to sell up to EUR…
Against expectations, Central Bank of Egypt leaves interest rates unchanged
Central Bank of Egypt surprises as it leaves interest rates unchanged: The Central Bank of Egypt’s Monetary Policy Committee (MPC)…
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