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CBE to hold rates steady on Thursday -Poll
All 13 of the analysts and economists we surveyed see the MPC holding rates steady
It’s interest rate week
Good morning, friends. It is shaping up to be a busy week with the latest inflation data, more on the…
Egypt's current account deficit widens 225% y-o-y in 9M FY 2023-24
Strong FDI inflows and a shift to portfolio investment inflows help boost overall BoP surplus
Foreign reserves hit a fresh high in June
Fitch Ratings expects Egypt’s foreign currency reserves to reach USD 49.7 bn in the current fiscal year
Fertilizer companies restart operations as gas supplies return. PLUS: Futek, Wellpal, Azimut, EdVentures, Orascom Development Egypt
The restarting of operations follows the resumption of production at Sidpec’s factory last week
New Visa report highlights crucial financial trends for Egypt’s SMEs
SMEs make up 98% of companies operating in Egypt, employing over 47 mn Egyptians
Net foreign assets record their first surplus in over two years
Egypt’s net foreign asset position turned to a surplus on the back of FX inflows from the Ras El Hekma…
Central bank switches around rules for hiring auditors and accountants. PLUS: News from Misr Ins. Holding and MM Group
Firms have 12 months to comply with the new rules.
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