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Emerging markets will take the worst of the hit as more doom and gloom swept global markets last week
Conditions in the financial markets went from bad to worse last week, as higher interest rates pushed everything from stocks…
It could take another month or two to finalize IMF support -Maait
Talks for an IMF facility could wrap in another month or two, Finance Minister Mohamed Maait told Bloomberg (watch, runtime:…
CBE (kind of) bucks the global tightening trend by leaving rates unchanged
CBE reaches for another tool in the toolbox: The Central Bank of Egypt (CBE) left interest rates unchanged on Thursday,…
What the USD’s rally means for the global economy + emerging markets
The USD has been on a tear this year. That strength is problematic for emerging markets and the global economy…
Foreign press highlights the impact of the economic crisis on Egyptian citizens + profiles Foreign Minister Sameh Shoukry
It’s a mixed bag in the international press this morning, with no single story dominating the conversation. Here are some…
Economic woes + World Cup controversy get attention in the foreign press
It’s a mixed bag in the foreign press this morning, with no one story dominating the conversation. Here are some…
The winners of the NDQ HQ redevelopment contract will be announced in coming weeks
Two of the big themes of 2022 — climate and the economy — featured on the airwaves last night following…
The EGX sell-off continues
EGX WATCH: Egyptian shares suffered their biggest single-day loss since early July yesterday amid growing investor concerns about global growth.…
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