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Fitch slashes Egypt’s GDP growth forecast for next fiscal year by more than 1 point
Fitch has cut Egypt’s GDP growth forecast for FY2022-2023 to 4.4% from a prior projection of 5.5%, saying the economy…
Global CEOs spy recession on horizon + More on the crisis in EM debt markets
CEOs across the world are bracing themselves for a recession: Only a quarter of business leaders across the world expect…
Growth in Africa is looking promising in the near term — and Egypt has a big role to play
Egypt’s economic growth is expected to account for 17% of Africa’s output growth in 2022, according to a report (pdf)…
Egypt’s FDI might outdo much of the world in 2022
Egypt saw foreign direct investment inflows fall 12% in 2021 but remained the second-largest recipient of FDI in Africa after…
The MENA region is falling short when it comes to VC climate funding
The MENA region is falling short when it comes to VC climate funding: The Middle East and North Africa (MENA)…
El Erian points fingers at Fed for US inflation as recession clouds build
The Fed missed the boat on inflation, says El Erian: Allianz Chief Economist Mohamed El Erian told CBS’s “Face The…
Inflation hits 13.5% in May but slowed on an m-o-m basis
Inflation rose to a three-year high in May but came in lower than expected and even slowed down on a…
THIS EVENING: CIRA confirms its future flow securitization plans + Savola closes Ole Bankery acquisition. Plus: Inflation accelerated again in May
Good afternoon, wonderful people. Pat yourselves on the back for making it through this week, which is going out with…
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