Egypt Edition 
MENA+ Edition 
UAE Edition 
Saudi Edition 
AI + Innovation (MENA) 
Logistics (MENA) 
Net foreign liabilities narrow by USD 7.1 bn in February as Ras El Hekma funds start to reflect in banks’ sheets
It could be a matter of time before we see a larger improvement
THIS EVENING: Egypt’s economy slowed down in 2Q FY 2023-2024
Good afternoon folks, and happy Monday. We have some fresh economic updates to unpack as we start the second day…
CBE auctions off more EGP t-bills, this time at a much lower yield
The one-year bills received offers over 4x its original ask and six-month bills 2x its ask
IMF greenlights the dispersal of USD 820 mn after approving expanded USD 8 bn loan program. PLUS: EU fastracks EUR 1 bn of aid package
Georgieva warned that “externally, uncertainty remains high” and that keeping reforms on track with reforms will “be critical”
Gov’t unveils new economic and social development targets for the next fiscal year
The Madbouly government now sees the economy growing at a 4.2% clip in fiscal year 2024-2025
Draft budget for the next fiscal year heads to the house
Good morning, friends. An unusually busy week in local business and economy news for Ramadan is ending how it began,…
EBRD working to unlock USD 1 bn from IMF, bank’s Egypt head tells Enterprise
“I think that European companies are underutilizing the potential of Egypt,” EBRD’s head of Egypt said
Banks’ capital adequacy ratio saw a minor decline in 2023
Non-performing loans to total loans edged down to 3% at the end of 2023 from 3.4% a year earlier
Something went wrong. Please refresh the page and/or try again.