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THIS MORNING: AFCON final sees Pharaohs lose to Senegal + Retail portion of Macro Group’s IPO 32x oversubscribed so far
Good morning, nice people. We’re still licking our wounds after the national team’s loss in last night’s Afcon final, so…
TONIGHT: Parliament had a busy day before the long weekend. Plus: IMF’s World Economic Outlook postponed to account for omicron
Mabrouk, ladies and gents. You made it through the first (albeit abridged) workweek of the year. Merry Christmas to everyone…
Egypt in the News: Reuters looks at the carry trade, World Bank highlights natural gas infrastructure
Reuters puts the carry trade in focus this morning ahead of a year in which central banks globally are seen…
FX reserves inch up in October
Egypt’s foreign currency reserves inched up USD 24 mn in October, reaching USD 40.85 bn from USD 40.83 bn in…
Saudi deposits USD 3 bn at CBE to shore up Egypt’s foreign reserves
Saudi Arabia has provided Egypt with USD 3 bn to help it overcome the effects of the pandemic and shore…
FX reserves inch up in August
Egypt’s foreign currency reserves inched up by USD 62.9 mn in August, reaching USD 40.67 bn from USD 40.61 bn…
Crypto businesses stockpile cash in anticipation of regulatory scrutiny
Crypto businesses are preparing for the regulatory axe to fall: Coinbase has stockpiled as much as USD 4 bn in…
Reserves barely inch up in July
FX reserves increase marginally in July: Egypt’s foreign currency reserves inched up to USD 40.61 bn in July from USD…
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