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Egypt in the News on 12 May 2020
Egypt’s agreement with the IMF for USD 2.8 bn in fresh funding is dominating the conversation in the foreign press…
Earnings watch: Edita profit falls by 44% in 1Q2020; Cleopatra Hospitals on track for 50% profit gain
EARNINGS WATCH- Edita quarterly profit hit by covid-19: The covid-19 pandemic sapped Edita’s profitability during 1Q2020, with the snack food…
IMF greenlights USD 2.8 bn in pandemic aid to Egypt
IMF greenlights USD 2.8 bn in pandemic aid to Egypt: The International Monetary Fund’s executive board signed off yesterday on…
What we’re tracking on 12 May 2020
Some good news to get us over the midweek hump: The International Monetary Fund has approved USD 2.77 bn in…
As the debate over back-to-school intensifies, Egypt’s private schools prefer a transition back to the classroom in the fall
As the debate over back-to-school intensifies, Egypt’s private schools prefer a gradual transition back to the classroom this fall: With…
El Erian on how to set ourselves up for the post-covid world — and why that world will be particularly challenging to navigate
El Erian on how to set ourselves up for the post-covid world — and why that world will be particularly…
Maait signals austerity measures if covid-19 crisis persists
BUDGET WATCH- Austerity measures in the cards if crisis continues into FY2020-2021 -Maait: The government could cut back on spending…
Enterprise Poll: CBE to leave interest rates unchanged in May 2020
ENTERPRISE POLL- CBE to leave interest rates unchanged when it meets this week: The Central Bank of Egypt will likely…
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