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THIS EVENING: BNP Paribas thinks we’ll get USD 3-5 bn from the IMF + A fresh energy squeeze from Russia
It’s almost-THURSDAY, wonderful people — our second-favorite day of the week. We have a balanced but interesting news day to…
Al Sadr urges calm in Baghdad following clashes
The latest from Iraq: Iran reopens its borders as Al Sadr urges calm: Iran resumed flights to Iraq yesterday, hours…
Everyone’s talking about the EGP
EGP WATCH- Credit Suisse + Arqaam are the latest to comment on the fate of the EGP: FX flexibility is…
Maait looks to shift the economic narrative with media blitz
Maait says the economy can ride out global economic shocks: Finance Minister Mohamed Maait took to the mic yesterday in…
Bloomberg beats the drum (hard) on the need for devaluation
“Default jitters stalk Egypt, sending traders on a wild ride.” That’s the headline this morning atop the latest from Bloomberg,…
THIS MORNING: Abdalla to “go faster” on EGP adjustment + Is the IMF going easy on us?
Good morning, friends, and welcome to a very busy Sunday. It’s largely good news to start the week, with lots…
Four global firms in the running to build Anchorage’s USD 2 bn petchem complex
Anchorage Investments has shortlisted four international firms to build its USD 2 bn petrochemical complex in the Suez Canal Economic…
Remittances hit all-time high in FY2021-2022, driven by high oil prices and CDs
Remittances hit a record high for the second year running in FY 2021-2022, rising 1.6% y-o-y to USD 31.9 bn,…
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