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Start saying your goodbyes to Sahel + The world’s first ever green methanol containership is now bunkering at East Port Said
Good morning, friends, and a very happy FRIDAY to us all. We’re in the back half of the month, and…
FX crunch + blackouts make the headlines internationally
Egypt’s ongoing FX and energy challenges are getting attention internationally this morning, with Reuters looking at the different ways the…
Pensions-for-FX (if you’re an Egyptian expat)
Egyptians abroad can start drawing down the pension from the age of 50
Updates on the car import scheme + plans to draw FX through real estate sales
A number of laws aimed at encouraging foreign ownership of real estate will soon head to the cabinet
Gold prices soared over the past week
The price of 24-carat gold has risen almost 8% in the past week alone
Budget deficit unexpectedly narrows in FY 2022-2023 -FinMin
The budget deficit narrowed 0.1 percentage points y-o-y to 6.0%
What the pundits are saying about our economy this morning, from expectations of devaluation to a possible Moody’s downgrade
Moody’s is watching the reform program closely, while Citigroup is turning bearish on our USD bonds
Inflation hits new record high in July, but cools slightly month-on-month
Food prices were almost 70% higher compared with a year ago
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