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CBE lets EGP slide as Big Two state-owned banks announce 25% CDs
The Central Bank of Egypt made a big move on the FX front yesterday, allowing the EGP to slide against…
Importers can now turn the page on L/Cs
Moves on import curbs + privatization: Egyptian authorities removed import restrictions and approved the state ownership policy document on Thursday,…
THIS MORNING: Welcome to 2023, folks
Good morning, wonderful people — and a very warm welcome to a brand new year. We’re kicking off 2023 with…
Gov’t discusses imports, support measures as it prepares to lift curbs
Getting imported goods into the country: That was the subject of a meeting yesterday between Prime Minister Moustafa Madbouly, Central…
The IMF is watching what happens to the EGP in January
The IMF will be keeping a beady eye on what happens to the exchange rate when the central bank ends…
The IMF + the EGP were the topics du jour on the airwaves
The economy dominated the conversation on an otherwise uneventful night on the airwaves. The nation’s talking heads did their best…
Egypt’s debt problems and Mediterranean migration are making headlines globally this morning
It’s a mixed bag of nuts in the foreign press this morning, with no single story capturing the attention of…
Last Night’s Talk Shows: All about the IMF
It was all about the IMF on last night’s talk shows following the executive board’s approval of our long-awaited USD…
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