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Monthly, annual headline inflation accelerate again in October
Inflation accelerates again in October: Annual headline inflation rose to 17.5% in October, up from 16% the previous month, CAPMAS…
Egypt’s CIB posts 3Q2018 results
EARNINGS WATCH- CIB posts record third quarter earnings: Our friends at CIB delivered a 24% y-o-y rise in net income…
Germany’s BSH to set up home appliances factory in Egypt
INVESTMENT WATCH- Germany’s BSH to set up home appliances factory in Egypt: New Urban Communities Authority (NUCA)’s board of directors…
New York-based Modus Capital launches in Egypt
INVESTMENT WATCH- New York-based Modus Capital launches in Egypt: Entrepreneurial venture capital firm Modus Capital, established in 2015, announced on…
Egypt Cabinet approves amendments to Mineral Resources Act
CABINET WATCH- Madbouly Cabinet approves amendments to Mineral Resources Act: The Madbouly Cabinet approved on Wednesday long-awaited amendments to the…
Preliminary gov’t figures show Egypt’s GDP growth at 5.3% in 1Q18-19
Economy grew 5.3% in 1Q18-19, according to preliminary gov’t figures: Egypt’s GDP grew 5.3% y-o-y during the first quarter of…
How much longer can the banking system support FX outflows without the central bank releasing some reserves?
How much longer can the banking system support FX outflows without the central bank releasing some reserves? We all know…
Egypt is the fourth most vulnerable to the EM Zombie Apocalypse
Egypt is one of the countries most vulnerable should the EM Zombie Apocalypse bite again,according to study by Bloomberg Economics.…
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