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Egypt beats budget deficit, primary surplus targets in 2020-21
Egypt’s primary surplus, budget deficit beat expectations in 2020-2021: Egypt recorded a primary surplus of 1.4% of GDP, or around…
OPEC+ finally reaches an agreement to raise oil supply
OPEC+ finally reached an agreement last Sunday to gradually increase production until the end of 2022, according to the Financial…
Oil falls amid rumours of Saudi-UAE oil supply agreement
Oil falls amid rumours of Saudi-UAE oil supply agreement: Oil prices fell back yesterday after press reports suggested that Saudi…
Oil prices resume their advance, hit 2.5-year high
US oil hit its highest price in more than two-and-a-half years yesterday as the International Energy Agency warned of an…
Regulators scratching their heads: DeFi - Part II
We took a look at the emerging decentralized finance space angling to disrupt the finance system in yesterday’s issue of…
Subsidized 30-year mortgages are now a thing for low- and middle-income earners
The Central Bank of Egypt (CBE) launched today an EGP 100 bn mortgage financeinitiative for low- and middle-income earners, offering…
Oil supply looks like it will remain tight through August
Oil supply looks like it will remain tight through August: Saudi Arabia and the UAE have both fixed supply volumes…
Swimming in regulatory uncertainty: DeFi - Part I
With regulators' eyes fixed on the potential harms of an unregulated crypto sector, could DeFi be the next frontier for…
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