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High-record yield on new CDs + Price hikes for public and private utilities and services
Good morning, ladies and gentlemen, and happy Friday. We hope that this work week and longer weekend make our start…
THIS EVENING: Egypt’s non-oil private sector has improved slightly last month
Good afternoon, ladies and gentlemen and happy Thursday. The long weekend has finally arrived as we wrap up this first…
The war and the economy topped the agenda on last night’s airwaves
The government will always support “low income earners,” a cabinet spokesperson told Ahmed Moussa
Car sales jump in November to a 2023 record
Distributors sold over 9.9k vehicles in November, the highest monthly figure since September 2022
A sneak peek of next fiscal year’s budget
The government sees the economy growing at a 4.7% clip in the coming fiscal year
The economy is on track to recover in 2025, says PM
Bigger subsidies and higher interest rates weighed on the country’s debt burden, according to Madbouly
Gov’t is repricing services as it aims to meet IMF loan conditions, senior official says
The recent increase in the prices of various services will help ease the burden off the government’s already strained budget.
Egypt’s net foreign liabilities improve slightly in November
The country’s net foreign deficit shrank to USD 27 bn in November
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