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External debt falls for a second consecutive quarter
This is the second consecutive drop since external debt hit a record high in 3Q 2021-2022
Expat car-for-FX scheme likely to be extended again amid low turnout
The scheme allows expats to bring cars into Egypt
El Sisi meets with IMF’s Georgieva at Dubai World Government Summit
President Abdel Fattah El-Sisi had a busy day on the sidelines of the WorldGovernment Summit in Dubai, meeting with IMF…
Five Egyptian banks get ratings downgrade from Moody’s + Death toll from Turkey-Syria quakes rises above 28k
Good afternoon, wonderful people. It’s thus far a calmer-than-expected start to the news week, but we know better than to…
Food prices hit record high on January devaluation
Inflation hit a fresh five-year high in January on the back of a record increase in food prices due to…
More stake sales in military-owned firms coming?
The government is “ready” to offer up stakes in all military-owned firms as part of the state privatization program and…
THIS MORNING: The EGX just had its best day in three months + EGP falls again against the greenback
Good morning, wonderful people. We have a packed issue for you on this cold Sunday morning, setting the tone for…
Foreign investors want higher rates before returning to Egypt
Dovish CBE policy leaves EM investors disappointed: Would-be emerging market investors looking to return to Egypt after January’s devaluations were…
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