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THIS MORNING: Privatization program could pick up after Eid -reports. PLUS: EgyptAir reschedules flights thanks to daylight saving time
Suitor for United Bank sale reportedly set to be chosen right after Eid
Lots of macro updates
Good morning, friends. As we approach two shortened workweeks and the final week of Ramadan, we hope your long weekend…
Inflation nears record high in March as impact of devaluation bites
Food prices hit fresh record high but core inflation slows
Gov’t buys more Russian wheat in latest int’l tender
The state grain buyer reportedly purchased 600k tons of grain
No interest rate hikes on soft loans to industry, agriculture players
Subsidized loans will stay at 11% despite the CBE’s rate hike
THIS MORNING: Yet more high-yield CDs + Egyptian gov’t to offer Nile view real estate to investors
PLUS: It’s inflation day
THIS MORNING: More CDs + Export Development Bank up for privatization?
IMF / World Bank spring meetings are underway + More of us are banked than ever before
THIS MORNING: More high-yield CDs + Net foreign reserves inch up in March
The regional realignment continues apace
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