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Logistics (MENA) 
Private sector conditions worsen again in April
The non-oil private sector in Egypt contracted for the fifth consecutive month in April, primarily as businesses recorded a sharp…
Foreign reserves essentially flat in April
Egypt’s FX reserves held steady at USD 40.3 bn in April, according to Central Bankof Egypt figures. Foreign reserves had…
Egypt remains top carry trade as CBE leaves rates on hold
The Central Bank of Egypt (CBE) left rates on hold for a fourth consecutive meeting last Wednesday as policymakers looked…
On the dole
Spending to tackle the fallout from covid-19 has exceeded the EGP 100 bn earmarked for a government stimulus package announced…
Egypt’s inclusion in JPMorgan's bond index could be less lucrative
Inclusion in the JPMorgan bond index may not be quite as lucrative as first thought: Egypt could see inflows worth…
We’re still a carry trade darling
Egypt’s carry trade is set to continue its upward trajectory thanks to our attractive real interest rates and low-risk environment,…
Growth forecasts are (largely) holding steady
Egypt’s economy is expected to close out the state’s 2020-2021 fiscal year having grown 2.9%, according to a Reuters poll…
Egypt’s economy to grow 3.1% this fiscal year, says BNP Paribas
Egypt’s economy is expected to grow at a 3.1% clip in the government’s current 2020-2021 fiscal year, down from 3.8%…
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