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Egypt in the News: Layoffs hit Vezeeta
TechCrunch reports that digital healthcare platform Vezeeta let go of around 10% of its 500-person staff last week. The news…
THIS MORNING: Enjoy the long weekend — we’ll see you next fiscal year
Good morning, lovely people. We’ve so nearly made it to the long weekend, and we hope you’re as excited about…
Forever-inflation would be worse than recession, says central banks’ bank + Value stocks are outperforming equities — but both are down YTD
What’s worse than a recession? Entrenched inflation, influential banking body warns: The Bank for International Settlements — which performs banking…
The IMF says the US wll “narrowly avoid” recession + US stocks had a good week for once
Not predicting a recession in the US this year or next: The IMF, which said in a statement Friday that…
A less hawkish CBE?
The Central Bank of Egypt (CBE) kept interest rates unchanged in its meeting last Thursday, breaking a run of rate…
THIS MORNING: From our first event to the G7 summit, climate is in focus today
It’s looking like another week packed with new, ladies and gentlemen, with the House of Representatives looking to get done…
Prioritize FDI + exports over hot money, says Maait
FinMin wants to cut reliance on hot money: Egypt needs to focus less on attracting portfolio flows and more on…
THIS MORNING: It’s interest rate day
Happy Thursday, ladies and gentlemen. Thankfully, yesterday’s pacy newsflow has slowed a little as we roll on into the weekend…
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