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A mixed picture
Arab Monetary Fund slightly more optimistic on Egypt’s GDP outlook than IMF: The Egyptian economy will grow at a 5.4%…
Fitch Ratings affirms Egypt’s long-term FX issuer default rating at B+; outlook stable
Fitch Ratings affirmed Egypt’s long-term foreign-currency issuer default rating (IDR) at ‘B+’ with a stable outlook on Wednesday. The rating…
Egyptian economy to grow 5.1% this fiscal year -Reuters poll
Growth of the Egyptian economy will continue to accelerate in FY 2021-2022, expanding at a 5.1% clip before climbing to…
Inequality threatens pandemic recovery, IMF says in its latest global outlook
The global recovery is bruised, but not broken: The IMF slightly downgraded its projection for global growth in 2021 to…
TONIGHT: Inflation, inflation, and more inflation, with a pinch of supply chain woes. Also: Watch Maid tonight or try one of the best shawarma spots in New Cairo
Good afternoon, ladies and gentlemen. Today’s issue was brought to you by the letter “i” for inflation, inflation, inflation. THE…
US crude continues to climb while OPEC+ oil production hits 15 month peak
The price of US crude rose for the fourth month in a row in July as demand continued to rise…
Global recovery uncertain as vaccine divide widens -IMF
IMF warns of “lopsided” global recovery over vaccine inequity: Unequal access to covid-19 vaccines are widening the recovery gap between…
Economy to grow 4.5-5% in 2Q2021 -RenCap
The Egyptian economy will grow by 4.5-5% in 2Q2021 and will continue to gather momentum through the rest of the…
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