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CBE hikes rates for first time since August
The CBE expects inflationary pressures to persist due to geopolitical uncertainty, maritime trade disruptions, and fiscal consolidation measures
Cabinet slashes government spending some more
Hassan Allam Holding’s logistic arm receives golden license
War on Gaza will cut into foreign exchange inflows, spike gov’t expenditure - IMF
Israel’s war on Gaza is “exacerbating an already challenging environment for neighboring countries and beyond,” warns the IMF
Goldman, Pictet thinks Egypt’s USD bonds are underrated
The yield spread between Egyptian USD bonds and US treasuries currently stands at 990 bps Goldman, Pictet are upbeat about…
IMF cuts our growth outlook — again
The Fund also revised downwards its growth estimate for the last fiscal year to 3.8%
Reports suggest we’re closing in on a new, larger IMF package + devaluation. Here’s what to watch for.
An IMF delegation has been in Cairo for two weeks to work out the contours of an agreement
Egypt’s economic woes under the spotlight
A quiet morning for Egypt in the foreign press:The one story noting this morning came from The National diving into…
Analysts split on CBE’s next move -Enterprise poll
The central bank has kept rates steady for the last three meetings
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