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Goldman Sachs forecasts 2% CBE interest rate cut in May
Good morning, friends. It may not just be the weather that’s warming up in Egypt at the moment, with news…
Next fiscal year’s draft state budget dominated the airwaves
Finance Minister undersecretary Ahmed El Sayed sees a “systematic change” in the gov’t approach to economic growth.
Egypt’s FY 2024-2025 draft budget delivered to the House
Next year’s draft budget is the first consolidated public government budget that includes budgets of all the state’s economic bodies
The EGX plummeted 4.9% yesterday
Good morning, folks. The government’s draft state budget for the coming fiscal year has finally dropped. In today’s issue, we’ve…
UK to channel USD 400 mn in budget support?
Good morning, friends. We’ve got a packed issue for you today, with news that the government is set to offload…
Central bank’s net foreign asset deficit falls to lowest level in over two years
A steep drop in the central bank’s net foreign asset deficit dominated talk shows last night, but the nation’s talking…
Ajlan & Bros could invest USD 1.5 bn in tourism project in Ras Gamila
The Saudi company also eyes stakes in several state-owned companies offered in the privatization program
Another USD 820 mn coming our way from the IMF
Admit it — you’re a bit grumpy right now. Relieved, maybe. But in a mood. A funk. Just … out…
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