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Egypt secures USD 500 mn from the World Bank to support Takaful and Karama
Egypt’s Takaful and Karama program gets a boost: The World Bank has agreed to a USD 500 mn loan in…
Our first look at the FY2023-2024 budget
Egypt is targeting a GDP growth of 5.5% in its draft budget for the next fiscal year
Ending the year on a big note
CBE drives home jumbo 300 bps rate hike: The Central Bank of Egypt raised interest rates by 300 bps on…
57357 could become a victim of the economic crisis
This morning in the foreign press: The well-known children’s cancer hospital 57357 will likely be forced to close down in…
Today’s forecast: Cold with a high chance of a rate hike
It was an econ-heavy evening on the talk shows last night ahead of the central bank’s policy meeting today and…
Gov’t discusses imports, support measures as it prepares to lift curbs
Getting imported goods into the country: That was the subject of a meeting yesterday between Prime Minister Moustafa Madbouly, Central…
THIS MORNING: Expect another mega-rate hike when the central bank meets later today
Good morning, dear readers, and congratulations on making it to the end of another week. Like many of you, we're…
Soaring global debt is about to get expensive
After years of cheap borrowing, the global debt pile is growing increasingly unsustainable — especially for developing countries: A decade…
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