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What we’re tracking on 14 January 2021
Well, friends, we made it through another week together. We have a few more hours of blowing sand ahead of…
Credit Suisse, Fitch bullish on Egypt
Egypt’s economic growth will move back towards 5% by the end of the 2021 calendar year, helped by the upcoming…
A little bit limp
Annual urban headline inflation dropped to 5.4% in December from 5.7% in November, according to figures released Sunday by state…
Our latest IMF report card is out, unlocking USD 1.67 bn
The IMF has bumped its growth outlook for Egypt in FY2020-2021 to 2.8%, up from its 2% forecast in June.…
We’re stocking up on greenbacks
Foreign reserves reached their highest level since April last month, rising almostUSD 800 mn in December to top USD 40…
The 2020s ≠ the 1930s, but...
Global growth is expected to be slightly lower than previously expected as cases continue to accelerate in advanced economies, the…
Covid bites once again
Egypt’s non-oil private sector recovery stalled again in December as covid-19 cases climbed steadily throughout the month, causing muted consumer…
What the markets are doing on 4 January 2020
We may see more caution in early 2021 valuations of emerging market stocks, bonds and currencies amid uneven covid-19 recovery…
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