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Egypt kicks off trial for new Advance Cargo Information system
Good afternoon, ladies and gentlemen, and happy hump day. It’s another (unsurprisingly) busy afternoon in the press, and we’ve got…
Private capital hasn’t frozen in MENA — but the exit playbook could change if the war drags on
PE and VC-backed companies were already pivoting to local exchanges before the war. That wager is being tested now —…
Gold is nearing bear market territory as more headwinds weigh on outlook
Traditional 60/40 portfolio sees its worst month since September 2022
AI will likely widen existing wealth gaps, Larry Fink warns in annual letter
Absent for the second year in a row from Fink’s letter: ESG and climate
EBRD continues Egypt MSME push with targeted USD 50 mn facility
The facility includes a USD 20 mn credit line under the Youth in Business program
Egypt targets EGP 1.2 tn primary surplus target in cabinet-greenlit general budget for upcoming FY
The draft general budget aims to reduce the public debt-to-GDP ratio to 78% over the next fiscal year
BMI expects economic growth to fall by at least 0.2-0.3 percentage points if the war persists through April
Higher energy prices will hit energy-importing countries the most, and consumption will take a hit amid rising prices
Miga guarantee unlocks USD 313 mn for National Bank of Egypt trade finance
Plus: Incolease taps securitization market with debut EGP 2 bn issuance
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