Egypt Edition 
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AI + Innovation (MENA) 
Logistics (MENA) 
FX crunch + blackouts make the headlines internationally
Egypt’s ongoing FX and energy challenges are getting attention internationally this morning, with Reuters looking at the different ways the…
Pensions-for-FX (if you’re an Egyptian expat)
Egyptians abroad can start drawing down the pension from the age of 50
Updates on the car import scheme + plans to draw FX through real estate sales
A number of laws aimed at encouraging foreign ownership of real estate will soon head to the cabinet
Gold prices soared over the past week
The price of 24-carat gold has risen almost 8% in the past week alone
Budget deficit unexpectedly narrows in FY 2022-2023 -FinMin
The budget deficit narrowed 0.1 percentage points y-o-y to 6.0%
What the pundits are saying about our economy this morning, from expectations of devaluation to a possible Moody’s downgrade
Moody’s is watching the reform program closely, while Citigroup is turning bearish on our USD bonds
Inflation hits new record high in July, but cools slightly month-on-month
Food prices were almost 70% higher compared with a year ago
THIS EVENING: Inflation hit a new record in July + Economic updates from FinMin + EFG Holding had a good 2Q
Good afternoon, and a very happy THURSDAY, ladies and gentlemen. It’s shaping up to be a macro-heavy end to the…
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