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Infrastructure 
Fresh capital requirements for mortgage finance firms + more approved by the cabinet
The cabinet approved amendments hiking the capital requirements for mortgage finance firms to EGP 100 mn
Deficits in the US, China will hurt global economy
The US will record a fiscal deficit of 7.1% in 2025, over three times the 2% average clocked in by…
Economy to grow at a 4.0% clip in preliminary budget report for FY 2024-25
The Madbouly government now sees the economy growing at a 4.0% clip in the coming fiscal year
THIS EVENING: FinMin released a preliminary budget report for fiscal year 2024-2025. PLUS: PHD, Cleopatra Group are teaming up for a new North Coast project that could ramp up EGP 100 bn in profits
Good afternoon, ladies and gentlemen, and happy almost-Thursday. Looks like the newscycle is not letting up as we inch closer…
Activity in China’s capital markets is on a downward spiral
Mainland IPOs along with follow-on and convertible share offerings fell to the lowest number ever recorded in the first four…
European Central Bank will likely cut rates this summer
The ECB kept rates unchanged when it met last Thursday
Faster approvals, simpler structure, and more impact will be hallmarks of World Bank, its chief says
The group wants to cut its 19-months approval process by a third by mid 2025
Gov’t revenues up 57% y-o-y in 9M FY 2023-24
Despite the uptick in revenues, the budget deficit remained virtually unchanged
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