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CBE resumes its easing cycle with 200 bps cut
Rates are now down a whole 525 bps since the bank began its easing cycle in April
GDP growth picks up to 4.5% in FY 2024-25
External debt fell USD 1 bn last fiscal year
CBE cuts interest rates by 200 bps
Good morning, friends, and happy weekend. We’re being treated to cooler-than-usual weather this weekend, and to that we say: thank…
Remittances from Egyptians abroad hit record high of USD 36.5 bn in FY 24-25
On a monthly basis, remittances also hit the highest figure ever recorded for June, coming in at USD 3.6 bn
New Turkish and Chinese investments incoming
Good afternoon, friends, and happy hump day. It’s another calm day on the newsfront, and we’ve got some good news…
Leading economies must rely more on foreign workers to offset aging populations, top central bankers warn
While there’s a growing agreement from the central bankers, political sentiment in the world’s most developed nations is yet to…
BMI sees growth accelerating to 4.7% this fiscal year
Egypt’s fiscal deficit is seen narrowing to 6.6% of GDP in FY 2025-26, and 6.1% in FY 2026-27
Most analysts see the CBE cutting rates this week- EnterpriseAM poll
Eleven of the analysts we spoke to see the MPC cutting rates between 100-300 bps
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