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Inflation hits 2021 high but still rises below expectations
Annual urban inflation accelerated in July on the back of rising energy and food prices, according to official figures from…
CBE leaves interest rates on hold for sixth consecutive meeting
The Central Bank of Egypt’s Monetary Policy Committee (MPC) left interest rates unchanged for a sixth consecutive meeting on Thursday…
Reserves barely inch up in July
FX reserves increase marginally in July: Egypt’s foreign currency reserves inched up to USD 40.61 bn in July from USD…
Private sector employment is up for first time in 20 months
Employment in Egypt’s non-oil private sector rose for the first time since late 2019 in July, as firms looked to…
Egypt expects USD 3-4 bn bond inflows in 2H2021
Egypt expects to see USD 3-4 bn of foreign inflows into the bond market in 2H2021, Beltone Financial’s chief economist…
Moody’s still likes Egypt, sees economy growing 5.5% this year
Moody’s has affirmed Egypt’s credit rating at B2 with a stable outlook that balances the country’s “significant shock exposure” with…
ENTERPRISE POLL- CBE to leave rates on hold
ENTERPRISE POLL- The Central Bank of Egypt will likely leave interest rates on hold when it meets this Thursday as…
Economy to grow 4.5-5% in 2Q2021 -RenCap
The Egyptian economy will grow by 4.5-5% in 2Q2021 and will continue to gather momentum through the rest of the…
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