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IMF trims Egypt growth forecast
The IMF has cut its economic growth forecast for Egypt, saying it sees GDP growing 4.0% this year, a 0.4…
THIS MORNING: Last chance to buy high-yield CDs at state-owned banks
Good morning, wonderful people, and a very happy last day of January to you all — 8.3% of 2023 is…
Gulf growth set to halve on weaker crude demand + IMF doesn’t want EMs to lose out in the green transition
Gulf oil exporters will see economic growth halve this year as revenues decline on the back of the global economic…
Fitch Ratings is positive on IMF agreement, EGP float, but…
IMF pact, EGP flexibility get the thumbs up from Fitch: Our USD 3 bn loan agreement with the IMF and…
The World Economic Forum annual meetings start today
Get ready for the return of the World Economic Forum at Davos for the first January in three years. Guests…
EGP breaks the 30 barrier against the USD before settling at 29.76
The EGP tumbled to a new all-time low against the greenback yesterday as authorities continued to transition to a fully…
IMF breaks down the details on our USD 3 bn loan
IMF releases breakdown, timing + conditions of our USD 3 bn facility: The IMFyesterday published a package of documents (pdf)…
THIS MORNING: We’re back with a big week for the Egyptian economy
Good morning, wonderful people, and welcome back to work. We hope you (and the kids trudging back to school) had…
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