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Rich nations are not reaching pledge targets in terms of pandemic aid
G20 countries fell short of their USD 100 bn pandemic aid pledge to developing countries: The world’s most advanced economies…
Lebanon could see massive devaluation amid IMF rescue talks + Fuel price hikes worsen hardship in Sudan
Lebanon could see a 93% devaluation of its currency as part of a government plan seen by Reuters to tackle…
Gov’t ups 2021-2022 growth forecast to 6%
Gov’t ups growth forecast: The Planning Ministry has upgraded its FY2021-2022 growth forecast for the Egyptian economy to 6% or…
THIS MORNING: A bad January for stocks + Ukraine crisis continues
Welcome to February, wonderful people. It’s a straight shot from here to the end of 1Q and just 60 days…
Egypt bucks the trend as IMF downgrades global growth
The IMF downgraded its projection for global growth in 2022 to 4.4% in its World Economic Outlook update, down 0.5…
THIS EVENING: Everyone is getting Thursday off + Nahr El Khair is 2022’s first listing + Edita to invest EGP 400 to increase production
Happy hump day and welcome to what is the second-to-last afternoon of this shortened week, ladies and gentlemen. The news…
THIS MORNING: US Chamber of Commerce COP27 conference continues; Wild day in US stocks; IMF outlook out today; Fed meeting starts today.
Good morning, wonderful people, and happy hump day. What are you doing this morning to stay warm? Most of us…
THIS EVENING: Egypt’s budget deficit widens slightly in 1H2021-22 + Tourism revenues returned to pre-pandemic levels in 2021 + House discusses tourism + hotels law
Good afternoon, wonderful people. Welcome to a relatively brisk Monday on this holiday-shortened workweek. THE BIG STORIES TODAY #1- Egypt’s…
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