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Private sector activity at five-month low as global supply chain crisis stokes inflation
Private sector activity dips to five-month low: The contraction of non-oil private sector activity in Egypt deepened in October as…
Gov’t really wants us to cut down on imports
Import substitution is back on the Cabinet’s priority list: The government is setting up a new committee on import substitution…
Saudi deposits USD 3 bn at CBE to shore up Egypt’s foreign reserves
Saudi Arabia has provided Egypt with USD 3 bn to help it overcome the effects of the pandemic and shore…
Egypt leaves rates on hold as CBE eyes Fed taper, inflation,
The Central Bank of Egypt (CBE) left interest rates on hold for an eighth consecutive meeting on Thursday amid rising…
Enterprise talks to IMF Director for ME and Central Asia Jihad Azour
Enterprise talks to Jihad Azour, IMF Director for ME and Central Asia: With the commodities supercycle in full swing across…
How the energy crisis is changing the green transition of Big Oil
How the energy crisis is hurting the green transition of Big Oil: “Climate-conscious” fund managers may become a little less…
EBRD, Qatari, and Albanian officials talk cooperation with Egypt
The European Bank for Reconstruction and Development (EBRD) is committed to supporting the Egyptian private and public sectors as the…
Fitch Ratings affirms Egypt’s long-term FX issuer default rating at B+; outlook stable
Fitch Ratings affirmed Egypt’s long-term foreign-currency issuer default rating (IDR) at ‘B+’ with a stable outlook on Wednesday. The rating…
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