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2024 is already shaping up to be a busy year
Good morning, wonderful people. We have an issue packed with macro and business news for you this morning to start…
Central bank shuts 7 FX bureaus. PLUS: News on East Qantara Dry Port, EasyPay cards, capital gains tax, PE firms
The news slowdown continues, with not much happening on the home front. NBFS- CBE shuts down seven FX bureaus: The…
CBE introduces new anti-money laundering rules for better cash flow monitoring
Banks will have a six-month window to implement the new measures
SMEs scramble to pay suppliers as credit card limits bite
From early-stage startups to agencies and professional services firms, it’s a slog to find ways of paying Google, Microsoft, and…
Got a new credit card this morning? You can’t use it for FX purchases for six months.
The move comes in response to a recent surge in credit card issuances
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
CBE leaves rates unchanged + UNSC passes Gaza resolution
Good morning, wonderful people. Welcome to the last full work week in 2023 (when did this happen?) — and Merry…
Central Bank of Egypt decides to hold rates
Good morning, wonderful people, and welcome to the final Enterprise Weekend Edition in 2023. The Weekend Edition will be off…
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