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Digesting the change in how customs are calculated on non-essential goods: Car prices are up, interest rate cuts could be postponed
Car prices are up and analysts suggest interest rate cuts could be postponed as nation digests the change in how…
Banque du Caire looking to borrow USD 100 mn from int’l institutions
Banque du Caire is in talks for a USD 100 mn facility from international institutions during the first quarter of…
Egypt’s M2 Money Supply grows 15.4% y-o-y in October
Egypt’s M2 Money Supply grew 15.4% y-o-y at the end of October to EGP 3.56 tn, according to CBE data.…
Egypt, Serbia to hold mixed economic cooperation committee in 1H2019
Egypt and Serbia agreed to hold a mixed economic cooperation committee meeting in 1H2019, following Foreign Minister Sameh Shoukry’s sit…
Egypt will not ask the IMF for further funding
Egypt will not ask the IMF for further funding after its USD 12 bn, IMF-backed reform program ends next year,…
More what we’re tracking on 29 November 2018
Further afield: The US-China trade war and the reception accorded Saudi Crown Prince Mohammed bin Salman will be the highlights…
Egypt in the News on 28 November 2018
Mo Salah, animal lover, tops coverage of Egypt in the foreign press: Displacing MbS’ visit to Cairo from the global…
Foreigners dump Egyptian debt for seventh month in a row; more speculation that state banks are propping up the EGP
Foreigners dump Egyptian debt for seventh month in a row; more speculation state that banks are propping up the EGP:…
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