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CBE holds interest rates steady for third consecutive meeting
The central bank expects a further decline in growth during the current fiscal year followed by a gradual recovery
Central Bank of Egypt leaves rates on hold + We had a smattering of news throughout the week
Good morning, ladies and gentlemen, and welcome to the weekend. As the weather begins to change, it’s not uncommon for…
Updates on the car import scheme + plans to draw FX through real estate sales
A number of laws aimed at encouraging foreign ownership of real estate will soon head to the cabinet
Surging borrowing costs are raising calls for sovereign debt relief
Global debt surged to a near record high of USD 305 tn in 1Q 2023
Economic “overhaul” needed to make IMF program a success, says IIF
Egypt needs to “overhaul” its business environment for the latest IMF program to succeed: That’s the conclusion of the Institute…
Could more industrial players gain access to government support programs?
First there were golden licenses for industry. Now, diamond and silver licenses are coming into play: Since the Madbouly government…
The Big Tech downturn can’t be uncoupled from monetary tightening + Is the spotlight on burnout going to push change?
At the heart of the Big Tech meltdown: The end of the ultra-low interest era: Tech companies are currently grappling…
Fed looks set for a smaller quarter-point hike next week
The Federal Reserve looks set to slow the tempo of its interest rate hikes for a second time at its…
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