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Monthly, annual headline inflation accelerate again in October
Inflation accelerates again in October: Annual headline inflation rose to 17.5% in October, up from 16% the previous month, CAPMAS…
Egyptian court sentences eight Daesh members to death for killing security forces
Wire pickups of an Egyptian military court sentencing eight Daesh members to death for their involvement in terrorist attacks on…
Preliminary gov’t figures show Egypt’s GDP growth at 5.3% in 1Q18-19
Economy grew 5.3% in 1Q18-19, according to preliminary gov’t figures: Egypt’s GDP grew 5.3% y-o-y during the first quarter of…
How much longer can the banking system support FX outflows without the central bank releasing some reserves?
How much longer can the banking system support FX outflows without the central bank releasing some reserves? We all know…
Tourism Ministry disburses all overdue payments for charter flights incentive program
The Tourism Ministry has disbursed all overdue payments owed for enrolled foreign charter airlines under the first phase of the…
Egypt’s tourism sector to contribute 15% of GDP
Tourism revenues are expected to contribute 15% of Egypt’s total GDP this year if tourist arrivals continue rising at their…
Egypt to issue green bonds next fiscal year?
EXCLUSIVE- Gov’t aims to issue green bonds next fiscal year: The Madbouly government is considering its maiden green bond issuance…
UberEats is accepting cash in Egypt, Saudi Arabia and South Africa
UberEats is accepting cash in Egypt, Saudi Arabia and South Africa as it looks to grow in cash-based economies, Rodrigo…
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