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THIS MORNING: There’s more speculation about devaluation ahead of Thursday’s MPC meeting
The USD rate has continued to widen in the parallel and derivative markets in recent days
Things aren’t getting easier for Egypt’s poultry companies
Chicken production has almost halved over the past six months
“Large-scale” privatization key to ending our FX crisis -Morgan Stanley
Bank thinks Egypt could bring in USD 7 bn from program by next year
Lawmakers call for price controls on building materials amid soaring prices
Reinforced steel prices have surged 50% in March
CBE to raise interest rates by at least 200 bps this week -poll
Six of seven analysts see the CBE raising rates by at least 200 bps
THIS MORNING: IMF Egypt loan review date still TBC
The review was supposed to be underway on 15 March
WSJ, BBC go deep in Egypt’s economy
Recycling startup TileGreen gets love from Reuters
Last Night’s Talk Shows: Happy Mother’s Day + Ramadan Kareem
Checking in on food prices and our Arab banks.
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