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Food prices hit record high on January devaluation
Inflation hit a fresh five-year high in January on the back of a record increase in food prices due to…
More stake sales in military-owned firms coming?
The government is “ready” to offer up stakes in all military-owned firms as part of the state privatization program and…
THIS MORNING: The EGX just had its best day in three months + EGP falls again against the greenback
Good morning, wonderful people. We have a packed issue for you on this cold Sunday morning, setting the tone for…
Foreign investors want higher rates before returning to Egypt
Dovish CBE policy leaves EM investors disappointed: Would-be emerging market investors looking to return to Egypt after January’s devaluations were…
Rebooted privatization program to see stakes in 32 companies sold to strategics, public investors
The ambitious program will begin during the current quarter
THIS MORNING: We should be getting January’s inflation figures today + Google just botched the launch of its rival to ChatGPT
Good morning, ladies and gents: We have another big issue to close out the week following yesterday’s presser from the…
Another quiet morning in the international press
It’s another quiet morning for Egypt in the pages of the foreign press: Quartz has pronounced Egypt a regional tech…
Moody’s downgrades Egypt’s credit rating for first time since 2013
Due to reduced external buffers and shock absorption capacity
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