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THIS EVENING: Egypt’s non-oil private sector contracts at a sharper pace in September
Good afternoon, friends. It’s almost the end of the week, with the upcoming long weekend making tomorrow a THURSDAY-equivalent. THE…
Net foreign asset position improves slightly in August
FX liquidity in the banking sector deteriorated during the month
THIS EVENING: Net foreign assets position improves in August
Good afternoon, wonderful people. We’re finding it hard to believe it’s only Monday, considering the volume of news coming out…
Nearly a fifth of our external debt is due next year
Egypt to pay USD 29.2 bn in debt dues during 2024
EBRD cuts Egypt growth outlook for 2024
The bank cuts its Egypt growth forecast for 2024 by 0.7 percentage points
Egypt, UAE sign currency swap agreement
The agreement will see Egypt exchange EGP 42 bn for AED 5 bn!_NewsLead_!
Global trade suffers biggest slump since covid as rate hikes bite
Trade volumes fell 3.2% y-o-y in June, according to new figures
Orascom, Metito reach financial close for Abu Dhabi desalination project. PLUS news from Dar and Acacia, Banque Misr, Alameda, Siemens Healthineers
The USD 2.2 bn project includes a 500k cbm/day desalination plant and a 75-km water pipeline
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