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Major local banks set withdrawal limits on using debit and credit cards abroad + CBE reportedly mulls allowing NDFs to trade
At least four major banks have in recent days imposed limits on foreign exchange use in what pundits say is…
THIS MORNING: It’s a big week for the global economy + Maait says Egypt could be preparing new investment incentives for manufacturing and agriculture
Good morning, friends. We hope the last long weekend of 2023 was kind to you — and that you’re ready…
Private schools are struggling to make ends meet with a cap on tuition fee increases
How are private + international schools keeping up with costs as a cap on tuition fees remains in place? Recently…
Asian markets are doing better than the rest of us at weathering the global market turmoil
Emerging Asia could offer a haven from stagflation: Investors are pivoting towards emerging Asian bonds and currencies amid global market…
Interest rate hikes are hitting home sales around the world
Aggressive interest rate hikes are starting to take their toll on home sales around the world as homeowners feel the…
Commodities, customs and currency were discussed on the airwaves last night
There was no specific topic dominating airwaves yesterday, with talking heads discussing the commodities front, a much-needed relief for importers…
Electricity curbs dominates the conversation on the airwaves
The Madbouly government’s plan to cut back on electricity consumption was all the talking heads could jabber about last night,…
In a hunt for foreign currency, we’re going to ration electricity
Egypt will begin cutting back on electricity consumption nationwide from next week in a bid to redirect more natural gas…
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