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Former Blom Bank Egypt deputy doesn’t think the CBE will raise rates this week
Food prices and the Turkish election also got attention
CBE to keep rates unchanged on slower April inflation -poll
Seven of nine analysts expect rates to be held steady
Inflation took a month off in April
Inflation eased for the first time in 10 months in April thanks to a favorable base effect, the stabilization of…
Egypt’s current account enters the black for the first time since 2014
Thank import curbs, which narrowed the country’s trade deficit to 12-year lows
Al Kharafi + Samcrete awarded EUR 60 mn in contracts for new water infrastructure in Fayoum. PLUS: Cheaper wheat, better mobile networks, O West deliveries
The companies will build a new wastewater treatment plant and sewage networks under EBRD-backed program
IMF wants to see progress on reforms before first loan review –Bloomberg. PLUS: Abdalla on inflation
Officials reportedly want to see privatization and a fully flexible exchange rate
Inflation nears record high in March as impact of devaluation bites
Food prices hit fresh record high but core inflation slows
CBE delivers large rate hike to curb inflation
Move unlikely to spur new inflows, say analysts
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