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Inflation returns to acceleration in May
Food and beverage inflation rose to 60% y-o-y
Fed officials suggest they could pause rate hikes this month
The central bank will hold its next policy meeting on 13-14 June
Adnoc L&S IPO raises USD 769 mn following huge investor demand
The share sale was 163x oversubscribed
Fed “less certain” about further rate hikes
Some Fed members thought the May meeting would be the final time the central bank would hike rates
CBE holds interest rates steady
Rates could soon resume their upward trajectory as inflation picks up
CBE keeps interest rates on hold + Arab League summit kicks off today
Good morning, lovely people, and happy FRIDAY. We’re still getting used to the drought of national holidays after the flurry…
THIS EVENING: It’s interest rate day + El Sisi heads to KSA
Good afternoon, wonderful people, and a very happy THURSDAY to us all. We’re winding down what has been a busy…
It’s interest rate day in Egypt
Arab League meets tomorrow
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