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Good news for economic growth in the second quarter of FY2020-2021
Egypt’s economy grew 2% in 2Q2020-2021, accelerating from 0.7% the previous quarter as the tourism sector contracted at a slower…
What do rising US treasury yields mean for bonds, stocks, and the EGP?
How will rising US treasury yields affect Egypt? The country’s all-important carry trade could come under pressure as emerging-market bonds,…
Inflation edges up in February as education, tobacco costs rise
Annual urban inflation accelerated to 4.5% in February, up from 4.3% the previous month, state statistics bureau Capmas’ latest reading…
Have a helping of SDRs
Egypt is among the countries that stand to benefit the most from an IMF proposal to earmark another USD 500…
The modern economy is powered by you
Your browsing history, your online purchases, your likes and dislikes, these are the currencies that power the data economy, a…
Big, bad tech?
In January, Facebook announced what it thought would be just another privacy policy update to its WhatsApp messenger app. Little…
New foreign business supports Egypt’s private sector, still in “contraction” territory
Non-oil private sector conditions worsened for the third consecutive month in February, but at a milder rate than the past…
Net foreign assets continue rising
Net foreign assets in Egypt’s banking sector inched up 4.1% m-o-m in January to reach USD 17.85 bn, up from…
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