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Egypt’s remittance inflows on track to hit record high this year + outpace MENA peers
Remittance inflows to Egypt are on course to hit a record high this year as higher oil prices and the…
Two Dubai IPOs are coming down the pipeline as DFM chases Gulf rush
Dubai is holding on to its promise list more state-owned companies with two more IPOs in the pipeline. IT firm…
EBRD raises Egypt’s FY 2021-2022 growth outlook
EBRD is more optimistic about Egypt’s growth outlook: Egypt’s economy is on track to grow 4.9% in FY2021-2022, the European…
FDI surges globally, but emerging markets are lagging
Global foreign-direct investment (FDI) flows staged a strong comeback in 1H2021, jumping 78% y-o-y, according to the United Nations Conference…
TONIGHT: El Sisi in Athens to talk cooperation with Greece, Cyprus + the IMF and UNCTAD are out with new reports
Good afternoon, ladies and gents, and welcome to the second-to-last day of the workweek before we slide into our final…
Egypt’s balance of payments flips to surplus in 2020-2021, current account deficit rises
Egypt’s balance of payments flipped to a surplus of USD 1.9 bn in the state fiscal year ending 30 June…
Egypt’s external debt is still growing (thank you, covid), but at a slower pace than before
Egypt’s debt is growing, but the pace of growth slowing, says the WB: Egypt’s external debt grew 14.3% y-o-y to…
UAE in talks with Turkey on energy investment as relations thaw
The UAE is in talks with Ankara on investment in Turkey’s energy sector, Turkey’s deputy energy minister told reporters yesterday,…
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