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THIS EVENING: FX reserves peak to USD 46.4 bn
Good afternoon, folks, and happy Sunday. Another shorter business week kicks off and we look forward to another long weekend.…
Egypt’s PMI picks up to its highest level in three years, nears growth
Egypt’s PMI rose to 49.9 in June, marginally below 50.0 growth mark
Egypt’s non-oil private sector was a fraction shy of expansion in June
Good afternoon, wonderful people. The much-needed weekend is finally here. We hope you all have plans to unwind and relax…
Egypt’s first carbon pricing draft law is almost here
The law is set to be finalized before the end of the year, and will be discussed with several key…
FDI inflows into Egypt down 13.7% in 2023, Unctad report shows
FDI inflows into Africa as a whole were down 3% y-o-y in 2023
Driving solar adoption in residential areas: The incentives, challenges, and solutions
Customer-centered incentives and mechanisms to share excess energy could boost the uptake of solar energy in residential areas
FX inflows and exchange rate stability boost banking sector forecasts, says Fitch Solutions
Egypt has signed around USD 57 bn worth of financing in 2024
World Bank greenlights USD 700 mn in development financing
The funding comes as part of a larger USD 6 bn financing package from the bank
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