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World entering “synchronized stagnation,” say FT, Brookings
World entering “synchronized stagnation,” say FT, Brookings: The global economy is heading into so-called “synchronized stagnation” as growth stalls in…
Egypt’s annual headline inflation falls again in September, clearing the way for more cuts
Headline inflation falls again in September, clearing the way for more rate cuts: Egypt’s annual headline inflation rate dropped for…
What we’re tracking on 10 October 2019
Expect another low inflation reading when Capmas releases September’s figures later today. Annual headline inflation plunged to 7.5% in August,…
Non-banking financial services set to attract investment and drive growth in Egypt
Beltone sees scope for growth in Egypt, looks to regional expansion: Egypt has become a hub for attracting investment, especially…
CBE easing cuts gov’t interest bill by a fifth -Kouchouk
CBE easing cuts gov’t interest bill by a fifth -Kouchouk: The Central Bank of Egypt’s (CBE) interest rate cuts in…
EGP, EGX rally after CBE rate cut
The EGP flexed its muscles against the USD yesterday, rallying on the first market day after the central bank cut…
What we’re tracking on 30 September 2019
We’re one trading session into the week, and so far so good. The EGX gained another 3.3% yesterday, continuing last…
Central Bank of Egypt cuts rates by 100 bps, in line with expectations
In line with expectations, CBE cuts rates: The Central Bank of Egypt’s Monetary Policy Committee (MPC) cut interest rates by…
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