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Egypt economic growth to accelerate this fiscal year as privatization boosts investment -BMI
BMI expects inflows from state asset sales to offset headwinds triggered by the war in Gaza
THIS EVENING: Egypt + KSA could partially trade in local currencies by 2024
Good afternoon, friends and welcome to this busy Monday as fresh stories are hitting our news cycle while the international…
Alhokair unit could invest up to USD 1.5 bn here next year
Other participating companies could make announcements today
Fitch cuts bank credit ratings following sovereign downgrade
Fitch, S&P and Moody’s have all downgraded Egypt’s sovereign rating over the past month due to rising debt concerns
InstaPay could offer remittances from UAE, Jordan, KSA next year
The plan is the latest in a string of measures taken by the government to drum up hard currency in…
THIS EVENING: Google gives us two-months of breathing space on payments + Instapay to let users send money to UAE, Jordan and KSA next year + Fawry has not been the victim of ransomware
Hello, wonderful people. We hope Sunday has been good to you. We have an FX-heavy issue for you as the…
A case for optimism on the EGP
Some USD 8 bn could be raised in the coming months via asset sales, liabilities agreements, and government initiatives
Egyptian stocks, gold hit record highs on currency fears
We love the smell of optimism in the morning. Yes, there’s a risk that we just let our inner Pollyanna…
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