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What we’re tracking on 14 September 2020
Good morning, wonderful people — it’s a particularly busy news day, so we’re going to jump straight in. We’re looking…
Egypt slashes fines on wildcat building in 23 governorates
Gov’t slashes fines on wildcat building in 23 governorates: Local authorities have reduced fines paid to the government to settle…
Inflation hits 10-month low as food prices continue to fall
Inflation hits 10-month low as food prices continue to fall: Egypt’s annual urban inflation decelerated to 3.4% in August —…
Egypt could get an upgrade from Moody’s as our credit profile proves “resilient” to shocks
Egypt could get an upgrade from Moody’s as our credit profile proves “resilient” to shocks: Indicators that measure Egypt’s credit…
IMF releases report card on pandemic aid to Egypt
The IMF heaped praise on Egypt’s response to covid-19 in a staff report on the recently-approved one-year USD 2.8 bn…
Egypt to launch new “comprehensive system” to support day laborers
The government will roll out a “comprehensive system” to support seasonal and day laborers by the end of the year…
Pundits call on Central Bank of Egypt to renew debt payment holiday
Pundits call on CBE to renew debt payment holiday: Banking experts polled by Mubasher have come out in support of…
The CBE appears to be edging toward renewal of a six-month payment holiday for businesses most affected by covid-19
The CBE appears to be edging toward renewal of a six-month payment holiday for businesses most affected by covid-19. Commercial…
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