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Madbouly wants to bridge the gap between official and black market USD rate + Is this the end of the EGX rally?
Good morning, folks: There’s more cause for cautious optimism in this morning’s still-tepid domestic news cycle: the EBRD has signaled…
Fitch downgrades Egyptian banks’ operating environment score on ties to sovereign debt
Fitch estimates that about 50% of the total assets of Egypt’s banking sector are invested in government debt, creating a…
Get paid in FX? Pay VAT in FX
Sellers could choose to pay their VAT dues in EGP if they exchanged an equivalent amount or more of FX…
Egypt economic growth to accelerate this fiscal year as privatization boosts investment -BMI
BMI expects inflows from state asset sales to offset headwinds triggered by the war in Gaza
Madbouly talks up end of FX crisis, but Lamees has questions
El Hadidi demanded answers on how we will overcome the FX crisis
IMF could bump up our USD 3 bn loan on back of Gaza war
Unconfirmed reports last month claimed that Egypt was looking to borrow another USD 2 bn from the Fund
Unemployment inches up to 7.1% in the third quarter of 2023
Unemployment 15-29 year-olds accounted for 64.3% of all jobless people in 3Q 2023
Amr Adib takes aim at the EGP and sugar price hikes
The EGP fell even further against the USD in the parallel market to a record low
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