Egypt Edition 
MENA+ Edition 
UAE Edition 
Saudi Edition 
AI + Innovation (MENA) 
Logistics (MENA) 
THIS EVENING: Car-for-FX initiative has been reinstated
Good afternoon friends and welcome to this Monday that brings us closer to the end of October. The focus of…
Fears of devaluation drove Cairo real estate prices up in 3Q 2023 -JLL
Many are deciding to invest in real estate to hedge against a volatile EGP
CBE loosens credit card restrictions for users abroad
The rule change comes following significant volatility in the parallel currency market that saw the EGP fall to a record…
THIS EVENING: The Central Bank of Egypt loosens reins on credit card usage abroad
Good afternoon readers, and happy Thursday. We are glad that there is some slightly positive news to share on the…
S&P cuts three local banks credit rating days after downgrading sovereign rating
The rating agency cut Egypt’s sovereign credit rating deeper into junk last week due to the increasing FX shortage and…
IMF chief warns of economic toll of Gaza war, humanitarian crisis deepens as fuel supplies run out
Plus: El Sisi meets Macron and Israel’s war on the UN
EBRD to lend USD 50 mn to copper manufacturer UMC
The loan will fund UMC’s FX liquidity for raw material imports
Last Night’s Talk Shows continue to be dominated by the Israel-Hamas war
The talk show hosts focused on the airstrike that hit a Gazan hospital and the fallout from the attack
Something went wrong. Please refresh the page and/or try again.