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CBE needs USD 5 bn for orderly currency float -Goldman
Egypt is unlikely to obtain the amount of FX needed for an orderly deval, says the investment bank
What the markets are doing on 15 June, 2023
The EGX30 was essentially flat at today’s close on turnover of EGP 1.91 bn. Foreign investors were net buyers. The…
Can Erdogan’s new economists bring Turkish policy back to reality?
The Turkish president is sending mixed monetary signals
The Qataris are looking at our hotels -report
The fund is in talks with the Sovereign Fund of Egypt to acquire up to 30% of the hotels, according…
What the markets are doing on 14 June, 2023
The EGX30 rose 0.04% at today’s close on turnover of EGP 2.73 bn. ِRegional investors were net sellers. The index…
M&A boom for big pharma
Pharma firms spent USD 85 bn on acquisitions in 5M 2023
FinMin wants advisors for Alexbank stake sale -report
FinMin invited local and int’l banks to pitch for the advisory role, Reuters reports
Business leaders in National Dialogue urge faster progress on privatization + Expect the US Fed to hold rates today
And the month-old AI startup that just raised Europe’s largest-ever seed round
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