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Bond giants retreat from risky debt
Credit spreads in the US and Europe have narrowed to about 0.8 ppt, near their lowest since the financial crisis
CBE raises rates on subsidized mortgage initiatives for low- and mid-income borrowers
The new rates apply to fresh loans starting 15 October
Finance Ministry to reveal Egypt’s public debt strategy in December
The ministry aims to reduce public debt to below 75% of GDP
Egypt’s new public debt strategy to launch in December
Good afternoon, friends, and congratulations on another successful workweek. THE BIG STORY TODAY- ?New public debt strategy set for December…
October rate cut highly likely amid growing job market risks
The Fed Chair also flagged a potential halt to its quantitative tightening policy
Infinity Fabric to set up USD 15 mn factory
PLUS- European Investment Bank is mulling a USD 38 mn equity investment into the EU-Egypt Tanmiya Growth Fund II
Gov’t extends subsidized loan program to support industry, agriculture, renewables
Loans offered under the program will come at a 15% interest rate
IMF upgrades global growth forecast, warns of tariffs and AI bubble
The Fund upgrades its 2025 global growth forecast to 3.2%
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