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BMI ups our growth forecast to 5% for FY 2025-26
The research unit attributed the upgrade to investment recovery and a smaller drag in net exports
Fitch Ratings’ key takeaways on the Egyptian economy
The global rating agency highlighted improvement in FX reserves and contained inflation as two key positive developments
Gov’t now sees the economy growing almost 5% this fiscal year
Good morning, all. We close out the week with another packed issue, diving into what went down during the EU-Egypt…
IMF upgrades our FY 2025-26 growth forecast to 4.5%
The upgrade was supported by the rise in inflows from remittances and an increase in tourism revenues
Egypt’s new public debt strategy to launch in December
Good afternoon, friends, and congratulations on another successful workweek. THE BIG STORY TODAY- ?New public debt strategy set for December…
Current account deficit narrows to USD 15.4 bn in FY 2024-25
The non-oil trade deficit widened to USD 37.1 bn during the fiscal year
Inflation cools for fourth straight month in September to 11.7%
Analysts had been expecting a much greater fall in inflation
S&P upgrades our sovereign credit rating for first time in seven years
The move reflects “international recognition of the country's unwavering commitment to reform and stability,” Finance Minister Ahmed Kouchouk told EnterpriseAM
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