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External debt dips from all time high in 4Q FY 2021-22
Egypt’s external debt dropped 1.3% q-o-q to USD 155.7 bn during the fourth quarter of last fiscal year (from April-June…
Egypt inflation hits new four-year high
Inflation accelerated again in September as price shocks continue to linger, according to CAPMAS figures (pdf). Urban consumer price inflation…
Current account narrows in FY 2021-2022 despite turbulence
Egypt’s current account deficit narrowed by 10.2% to USD 16.6 bn in FY 2021-2022, buoyed by oil and non-oil exports,…
Major local banks set withdrawal limits on using debit and credit cards abroad + CBE reportedly mulls allowing NDFs to trade
At least four major banks have in recent days imposed limits on foreign exchange use in what pundits say is…
CBE move to raise up reserve requirements “logical,” says HSBC Egypt CEO
The Central Bank of Egypt’s decision to increase the reserve ratio to 18% was “logical” given current global economic conditions,…
An IMF agreement could be sealed before the end of the month, according to Goldman
IMF program by the end of this month? EGP to 24? A mood of “cautious optimism”? These are some of…
It hasn’t been a great year — but wow, are you an optimistic lot
Did you miss the results of our Enterprise Fall 2022 Reader Survey in yesterday’s EnterprisePM? Nine months into a year…
Optimism still abounds, even if things didn’t go as planned
The Enterprise Fall Reader Survey says: 2022 isn’t panning out how many of you had hoped — but you’re still…
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