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2019 looks good for Egypt, but expect the US economy to slow down and a bear market for American equities
2019 looks reasonable for Egypt, less so for other emerging markets -EFG: EFG Hermes’ 2019 yearbook suggests that a “sustained…
AfreximBank pledges USD 2 bn for Egypt in 2019
The African Export Import (AfreximBank) Bank has earmarked USD 2 bn for Egypt in 2019, President Benedict Oramah said during…
Egypt parliament to discuss legislative amendments to clamp down on high prices
LEGISLATION WATCH- House puts high prices and “monopolistic practices” in the crosshairs as state launches crackdown on price gougers: The…
PMI: Non-oil business activity in Egypt contracted for a third month in a row, but at a slower pace than in September and October
PMI: Non-oil business activity contracts for third month in a row: Private sector activity contracted for the third month in…
Egypt’s state-owned dailies want you to know the gov’t is paying attention to prices
The government is paying attention to the availability of basic commodities and their prices on the market. That’s the message…
Egypt and other Arab countries’ middle class most affected by austerity measures
WSJ on our middle-class squeeze: “In Egypt and elsewhere in the Middle East, a wave of austerity is making it…
State-owned banks won’t be able to prop up the EGP for much longer than “a few more months at most” -Capital Economics
State-owned banks won’t be able to prop up the EGP for much longer than “a few more months at most,”…
What we’re tracking on 6 December 2018
It’s PMI Day: The Emirates NBD purchasing managers’ index for November is due out at 6:15am CLT. You can download…
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