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Inflation slows to 5.3% in February, but will covid-19 give it a bump?
Annual urban inflation fell in February following three months of back-to-back acceleration, according to Capmas figures out yesterday. The reading…
What we’re tracking on 27 February 2020
Don’t expect today’s GERD talks to amount to anything more than small talk: Ethiopia is trying to back out of…
Egypt expected to have highest GDP growth in North Africa, debt sustainability remains a concern -UN
Egypt’s GDP growth forecast among the highest in North Africa, debt sustainability remains a concern -UN: Egypt’s GDP is expected…
Emerging markets’ FX funding needs to repay USD-denominated debt to “soar” next year
Emerging markets’ FX funding needs to repay a decade of USD-denominated debt are on track to “soar” next year, Caroline…
IMF out with final review of Egypt’s reform program
IMF out with final review of Egypt’s reform program: The International Monetary Finance (IMF) released on Friday its fifth and…
Egypt’s foreign reserves remain essentially flat at USD 44.97 bn in August
Foreign reserves again remain essentially flat in August: Foreign reserves increased slightly to USD 44.97 bn at the end of…
Egypt scraps monthly customs rate, bringing back daily system
FinMin brings back daily customs rate, scrapping monthly system: The Finance Ministry has decided to scrap the monthly customs exchange…
All quiet on the airwaves last night
Social media tax coming soon: The Finance Ministry will soon announce a VAT on e-commerce platforms and social media ads,…
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