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Egyptian insurance market has “untapped potential”- Moody’s
Egyptian insurance market has “untapped potential,” ratings agency says: Egypt’s insurance market is loaded with “untapped potential,” Moody’s said this…
IMF praises Egypt’s commitment to reform program
Egypt again telegraphs it won’t be signing up for another IMF loan after drawing down the last of the current…
Expat remittances rise to USD 25.5 bn in 2018, says Central Bank of Egypt
Expat remittances up 3% to USD 25.5 bn in 2018: Remittances from Egyptians living abroad in 2018 rose 3.1% y-o-y…
Government reviews FX rate, oil price at 2018/2019 budget
FinMin sees growth accelerating, forecasts weaker average EGP exchange rate this fiscal year, will budget for oil at USD 67…
Egypt working on new revenue strategy to plug budget deficit
EXCLUSIVE- New revenue strategy to curb budget deficit could be on the way: The government is discussing a new revenue…
Egypt’s FX reserves reach USD 42.616 bn at end-January
Egypt’s net foreign reserves were essentially stable at USD 42.616 bn at the end of January compared to USD 42.551…
Foreign holdings in Egyptian treasuries at USD 13.1 bn by end-Jan
Everything you need to know about the Finance Ministry’s epic presser yesterday — and there is a lot. Foreign holdings…
Non-oil business activity hits lowest levels in more than a year
Non-oil business activity hits lowest levels in more than a year: The Egypt purchasing managers’ index (PMI) contracted for the…
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