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On the dole
Spending to tackle the fallout from covid-19 has exceeded the EGP 100 bn earmarked for a government stimulus package announced…
What the markets are doing on 27 April 2021
The slow vaccine rollout in the developing world is holding back emerging-market stocks: The gap between developed and emerging markets…
Egypt’s inclusion in JPMorgan's bond index could be less lucrative
Inclusion in the JPMorgan bond index may not be quite as lucrative as first thought: Egypt could see inflows worth…
What the markets are doing on 26 April 2021
Higher crude prices won't give Big Oil its swagger back: Although the recent recovery of Brent crude prices is helping…
Egypt’s House approves changes to Bankruptcy Act
House gives final nod to Bankruptcy Act amendments: Changes to the Bankruptcy Act that add further bankruptcy protections while giving…
What the markets are doing on 25 April 2021
It’s a big earnings week stateside this week: More than a third of the S&P500’s constituents are set to report…
Growth forecasts are (largely) holding steady
Egypt’s economy is expected to close out the state’s 2020-2021 fiscal year having grown 2.9%, according to a Reuters poll…
Banks can start issuing deposit-backed electronic currencies under new CBE regs
Commercial banks are now allowed to issue e-currencies under newregulations (pdf) announced by the central bank yesterday. One unit of…
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