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Egyptian economy grew 6.6% in FY 2021-2022, says planning minister
The Egyptian economy grew at a 6.6% clip in FY 2021-2022, up from 3.3% the previous year, according to initial…
Emerging-market investors are turning to the EUR to fund carry trades
Move over, USD. The EUR is the new funding currency of choice for EM carry traders: Investors trading emerging-market currencies…
IMF is “gloomy and uncertain” on global economy
The IMF has revised downwards its global growth outlook for this year and next, warning that gathering headwinds are pushing…
El Sisi-Macron talks lead the conversation in the foreign press
President Abdel Fattah El Sisi’s visit to Paris for talks with Emmanuel Macron led coverage of Egypt in the foreign…
Egyptian economy grew by 6.2% in 2021-2022 -planning minister
Economic growth accelerates in FY2021-2022: The Egyptian economy grew at a 6.2% clip in FY2021-2022, up from 3.3% the previous…
Fitch slashes Egypt’s GDP growth forecast for next fiscal year by more than 1 point
Fitch has cut Egypt’s GDP growth forecast for FY2022-2023 to 4.4% from a prior projection of 5.5%, saying the economy…
World Bank revises FY 2021-22 growth forecast up to 6.1%
The World Bank has again revised upwards its projection for Egypt’s GDP growth by 0.6 percentage points to 6.1% for…
THIS MORNING: Madbouly luring US investors to infrastructure + the US is plotting how to normalize ties between Israel and Saudi
The torrent of news continues on this fine (warm) Thursday morning, and we’re loving every second of it. Speaking of…
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