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2024 is already shaping up to be an expensive year as Egyptian regulators allow new price hikes
Mobile phone plans are being increased by up to 16%
CBE holds interest rates steady for third consecutive meeting
The central bank expects a further decline in growth during the current fiscal year followed by a gradual recovery
Bad news in the Red Sea
Egypt faces mns in lost FX receipts — and businesses and consumers around the world will stare at spiraling prices
The decades-long correlation between fashion and the economy
The fashion industry is looking for 2-4% growth next year
GERD deadlock in the foreign press
The international press is focused on our Nile deadlock with Ethiopia this morning, after a fourth round of negotiations between…
Infrastructure companies continued to grapple with tough economic conditions in 2023
Despite the challenges, digitization and smart infrastructure moved forward
Egypt’s remittances see 15% decline in 2023
Remittances fell 38% y-o-y during 1H 2023
El Sisi gets a third term — here’s what to watch for next on the economy
Will the central bank now float the EGP — and will it be a proper float, or a managed devaluation?
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