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Inflation hits four-year high in October
Inflation accelerates again in October: Urban inflation hit its highest level in four years in October on the back of…
THIS EVENING: Inflation picks up again in October + Al Mansour, GM are launching our first locally-produced EV
Good afternoon, friends, and a very happy THURSDAY to us all. It’s been quite a marathon of a week with…
Qatar deposits USD 1 bn with the CBE as acquisition talks stretch out
Qatar’s sovereign wealth fund has deposited USD 1 bn with the Central Bank of Egypt (CBE) as it negotiates to…
Fitch cuts outlook on Egypt to negative, affirms B+ rating
Fitch Ratings has cut its outlook on Egyptian debt from “stable” to “negative” due to “deterioration” in the country’s external…
Bond investors shrug at IMF rescue package
The markets aren’t convinced that the IMF program is a cure for Egypt’s woes: Egyptian bonds have sold off and…
COP27 dominates foreign coverage + Does the IMF program go far enough?
COP27 is dominating the conversation on Egypt in the foreign press this morning as the global climate summit gets underway…
Private sector activity contracts for 23rd consecutive month
Activity in Egypt’s non-oil private sector continued to contract in October, remaining effectively unchanged from the month before as inflation,…
THIS MORNING: It’s finally here + You now need to pay for your blue tick on Twitter
Good morning, friends, and welcome to day one of COP27 as the eyes of the world swivel to Sharm El…
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