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THIS EVENING: Egypt’s annual urban inflation cools to 33.3% in March
Good afternoon, folks, and a very happy Monday indeed. The pre-Eid news lull is here and the anticipation for the…
Food inflation is falling across wealthier countries
Food inflation dips across rich nations: Food inflation in rich nations has dropped to its lowest level since before Russia…
Egypt, KSA, and the UAE accounted for over 85% of M&As in the region in 2023
M&As in the region witnessed a 30% y-o-y decline
The float of the EGP is dividing the international commentariat
Ruchir Sharma praised Egypt among four other “on the mend” emerging markets for “bowing to market realities”
Annual inflation jumps to 35.7% in February, defying analyst forecasts
Food and beverage prices climbed by 50.9% y-o-y and 16.7% m-o-m in February
“Back on the right track”: What the pundits are saying
The decisions “put us back on the right track,” but more needs to be done, pundits say
What to watch for next: Inflows and cooling inflation top the list
Commodity prices are expected to fall, Federation of Chambers of Commerce Secretary-General Alaa Ezz said
Banks roll out high interest rate CDs, ease currency controls on credit cards
The parallel market is “on its way to disappearing completely,” Banque Misr Chairman Mohamed El Etreby said
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