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Foreign reserves increase by USD 387 mn in April to USD 48.1 bn
Net foreign reserves have increased by USD 12.8 bn since the Ras El Hekma agreement and EGP float
Non-oil private sector activity slips further into the red in April
The headline figure fell 0.7 percentage points to 48.5 in April
Declining non-oil private sector points finger at consumer spending
Good afternoon, friends, and a happy humpday to you all. Today’s slower newscycle comes as a respite in this warmer…
Current account deficit rises to USD 11.1 bn in 1H FY 2024-2025
The trade deficit rose to 47.4% during the period
Egypt’s fifth IMF review is in the offing
Good afternoon, wonderful people. The news cycle is heating up, and coincidentally, so is the weather. Today’s issue includes a…
Gaza spillovers, reform delays weigh on Egypt’s growth outlook, say IMF
The IMF downgraded the MENA region's growth outlook to 2.6% for 2025
Financing gap set to rise over 25% next fiscal year to EGP 3.6 tn
The widening requirements are attributed to a fall in non-tax revenues coupled with increased social spending
Coffee With: Mahmoud Mohieldin, UN Special Envoy on Financing the 2030 Sustainable Development Agenda
Egypt needs to rediscover the beauty and the uniqueness of its geographic location and maximize benefiting from it by reducing…
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