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TONIGHT: US pipeline crisis continues; global metal prices surge; Doge on the moon.
Well, that news slowdown about which we were whining this morning? It didn’t last. THE BIG STORY THIS AFTERNOON is…
It’s report card season
The IMF is expected to wrap its second and final review of its year-long USD 5.2bn standby loan program by…
S&P gives Egypt a thumbs-up
S&P Global Ratings has affirmed Egypt’s sovereign credit rating at B with a stable outlook despite the disruptive impact of…
Private sector conditions worsen again in April
The non-oil private sector in Egypt contracted for the fifth consecutive month in April, primarily as businesses recorded a sharp…
Foreign reserves essentially flat in April
Egypt’s FX reserves held steady at USD 40.3 bn in April, according to Central Bankof Egypt figures. Foreign reserves had…
Egypt remains top carry trade as CBE leaves rates on hold
The Central Bank of Egypt (CBE) left rates on hold for a fourth consecutive meeting last Wednesday as policymakers looked…
On the dole
Spending to tackle the fallout from covid-19 has exceeded the EGP 100 bn earmarked for a government stimulus package announced…
Egypt’s inclusion in JPMorgan's bond index could be less lucrative
Inclusion in the JPMorgan bond index may not be quite as lucrative as first thought: Egypt could see inflows worth…
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