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THIS EVENING: Cost of living crisis weighs on IMF’s outlook for economic growth
Good afternoon, ladies and gentlemen. The news cycle both here at home and abroad is dominated this hump day by…
Last Night’s Talk Shows: National Dialogue goes all in on econ
The National Dialogue was everywhere on the airwaves after its board of trustees concluded a meeting last night. The National…
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…
THIS MORNING: No word out of DC of our IMF package yet
Good morning, wonderful people, and happy hump day. Fresh inflation figures and new developments in the Capiter saga unfolding in…
THIS EVENING: Inflation hits highest levels in four years + Russia hammers Ukraine in retaliatory missile attacks
Good afternoon, friends. We have a reasonably busy Monday on our hands here in Omm El Donia, while the international…
US stock markets brace for another rough earnings season
S&P 500 companies are expected to see their weakest earnings growth in three years in 3Q 2022, with Wall Street…
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,…
Word Bank raises its growth forecast for MENA and praises Egypt’s resolve to control inflation
The World Bank expects Egypt’s economy to grow at a 4.8% clip in FY 2022-2023, according to its October MENA…
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