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We’re in talks with the IMF for a bigger package
An IMF spokesperson described the need for more financing as “critical” due to the war in Gaza
Regional instability requires military strength, Zaki tells Egypt Defense Expo
Defense Minister Mohamed Zaki’s speech during the Egypt Defense Expo (EDEX) dominated the airwaves last night, as the nation’s talking…
The OECD warns of higher-for-longer rates in 2024, contrary to bullish markets
The OECD blamed its outlook on cost pressures and rising food and energy prices
Talk shows cover Gaza ceasefire negotiations and potential sugar price cap
Gaza continued to dominate the airwaves last night as the truce neared its final hours. Palestinian Health Minister Mai El…
Egypt economic growth to accelerate this fiscal year as privatization boosts investment -BMI
BMI expects inflows from state asset sales to offset headwinds triggered by the war in Gaza
Inflation eases for the first time in five months in October, slower than analyst expectations
Food inflation slowed for the first time since April
Central Bank of Egypt holds interest rates steady
This was the last policy meeting before the presidential election in December, after which the CBE is expected to devalue…
Analysts split on Egypt interest rate path ahead of central bank meeting
Analysts pointed to rate hikes losing their ability as a policy tool to calm inflation as a reason behind their…
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