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IMF lands in Cairo for the final review, with divestments, energy subsidies and tax on the table
Good morning, lovely people. The IMF mission is in town earlier than we expected for the eighth and final review…
Egypt Forum closes with a scoreboarded 2027-2030 program and a bigger pitch to private investors
The forum closed with a named, KPI-tracked 2027-2030 program, 150 published indicators, and a wage floor that rises 87.5% by…
IMF sees GCC’s non-oil economy shrinking 0.8% this year as war spreads beyond oil
The IMF expects a 9.1% rebound in the overall economy in 2027, but it won’t make up for lost ground.…
Gov’t pushes to close out its IMF program before December, with a final review due in late November
Divestments are our strongest card going in, while energy subsidies and a stalled free zone tax are the sticking points
Ali Alhosani to succeed Mohamed Maait on IMF Executive Board in November
Emirati economist Ali Alhosani will take over the Arab Group and Maldives seat after serving as alternate executive director since…
Egypt eyes a clean IMF exit as the House weighs defending Saudi
Here are the stories driving the day both at home and abroad. The government is preparing to wrap up the…
IMF flags AI leverage, bond yields, and cyber attacks as threats to market calm
The fund also sees softer points in pension funds with illiquid holdings and EMs drawing down reserves while risk premiums…
IMF warns global growth is splitting along war and AI lines
Good afternoon, friends, and happy hump day. Today we explain correspondent banking — what it is, why almost every USD…
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