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THIS EVENING: Thousands of firms get temporary minimum wage exemption + Omicron to hit global growth + TRY rollercoaster.
Good afternoon, friends, and welcome to the calm after the storm. The snow has melted, the winds have died down,…
CBE leaves rates on hold in final meeting of 2021
The Central Bank of Egypt (CBE) left interest rates on hold for the ninth consecutive meeting on Thursday as policymakers…
Fitch thinks Egypt could be up for another IMF program
Egypt’s high exposure to external financing could lead the government to seek a fresh IMF program, especially in the event…
GDP could grow 6-7% this quarter -El Said
Egypt’s economy is expected to grow at a 6-7% clip in 2Q2021-2022, Planning Minister Hala El Said told Sky News…
Chimera Capital reaches final close on its first VC fund
Our friends at Abu Dhabi fund manager Chimera Capital have hit final close on their first venture capital fund at…
G7 squares up to Russia on Ukraine
G7 delegates square up to Russia on Ukraine: The foreign ministers of the Group of Seven forum have warned Russia…
Egypt to rejoin JPMorgan EM bond index in January 2022
Egypt is set to join JPMorgan’s Emerging Markets Bond Index (EMBI) by the end of January with an estimated weight…
Urban inflation dips to lowest level since July
Annual urban inflation slowed for the second month running in November as pressure on food prices continued to ease, according…
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