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EGP devaluation pushes private sector into sharper decline in January
Egypt’s non-oil private sector contracts for the 26th consecutive month.
ADIB + NBK give thumbs-up to econ reforms
Two Gulf lenders are positive on Egypt: Senior staff at Abu Dhabi Islamic Bank (ADIB) and National Bank of Kuwait…
Egyptian university students abroad + at home are struggling to keep up with tuition and expenses amid the FX crunch
How are Egyptian university students at home and abroad keeping up with a weakened EGP + FX crunch? For Egyptian…
A new subsidized loan program for industry and agriculture could be a lifeline for struggling businesses
! New subsidized loan program gives hope for a light at the end of the tunnel: A government decision to…
THIS MORNING: In Davos, El Said talks up privatization and investor appetite in Egypt. PLUS: Hurghada solar tender pushed
Good morning, friends, and happy THURSDAY to you all. We have an absolutely packed issue for you this morning before…
THIS MORNING: Goldman Sachs thinks the EGP has further to fall — even though its has probably already overshot its fair value
Good morning, friends, and welcome to the first “big” news day of 2023. THE BIG STORY HERE AT HOME remains…
Newly introduced 25% CDs see massive demand in first two days + Big Two bag USD 700 mn facility
The newly released 25% certificates of deposit have raked in almost EGP 100 bn in a matter of days —…
Ending the year on a big note
CBE drives home jumbo 300 bps rate hike: The Central Bank of Egypt raised interest rates by 300 bps on…
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