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CBE holds interest rates steady for third consecutive meeting
The central bank expects a further decline in growth during the current fiscal year followed by a gradual recovery
Central Bank of Egypt leaves rates on hold + We had a smattering of news throughout the week
Good morning, ladies and gentlemen, and welcome to the weekend. As the weather begins to change, it’s not uncommon for…
Surging borrowing costs are raising calls for sovereign debt relief
Global debt surged to a near record high of USD 305 tn in 1Q 2023
The Big Tech downturn can’t be uncoupled from monetary tightening + Is the spotlight on burnout going to push change?
At the heart of the Big Tech meltdown: The end of the ultra-low interest era: Tech companies are currently grappling…
Fed looks set for a smaller quarter-point hike next week
The Federal Reserve looks set to slow the tempo of its interest rate hikes for a second time at its…
A message from Mashreq
Outlook for 2023 Message by Amr El Bahey — CEO of Mashreq Egypt Global economic activity may face some headwinds…
THIS EVENING: PMI in contraction for 23rd month running + Netflix with ads is now here
Good afternoon, ladies and gentlemen. We’re at the end of the last workday before the start of COP27, with hundreds…
Egypt inflation hits new four-year high
Inflation accelerated again in September as price shocks continue to linger, according to CAPMAS figures (pdf). Urban consumer price inflation…
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