We’ve got USD 1.9 bn in hand from state asset sales — now what?
Egypt has another USD 1 bn worth of sales coming soon — and is restocking its transaction pipeline, Madbouly says
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Egypt has another USD 1 bn worth of sales coming soon — and is restocking its transaction pipeline, Madbouly says
Delayed IMF program, high debt levels, twin deficits and rising net foreign liabilities weighing on nation’s finances
Eastern is saving its hard currency to produce cigarettes amid the FX crunch
Further currency weakness likely to impact debt sustainability, analysts say
PLUS: Today marks the official start of summer
And Mayar Sherif becomes Egypt’s best-ranked tennis player of all time
Remittances into Egypt fell 10% last year due to exchange rate uncertainty
Eight of nine analysts we spoke to expect policymakers to hold rates for a second consecutive meeting
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