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War on Gaza will cut into foreign exchange inflows, spike gov’t expenditure – IMF

War on Gaza will cut into foreign exchange inflows, spike gov’t expenditure – IMF

Israel’s war on Gaza is “exacerbating an already challenging environment…

The case for investing in EM economies has “rarely been weaker,” argues the FT

The case for investing in EM economies has “rarely been weaker,” argues the FT

Egypt bucks the trend as IMF downgrades global growth

Egypt bucks the trend as IMF downgrades global growth

THIS EVENING: Everyone is getting Thursday off + Nahr El Khair is 2022’s first listing + Edita to invest EGP 400 to increase production

THIS MORNING: US Chamber of Commerce COP27 conference continues; Wild day in US stocks; IMF outlook out today; Fed meeting starts today.

THIS EVENING: Egypt’s budget deficit widens slightly in 1H2021-22 + Tourism revenues returned to pre-pandemic levels in 2021 + House discusses tourism + hotels law

THIS MORNING: Mobile wallet use up 27% in Egypt in 2021; IMF delays outlook due to covid; Afcon starts today; The UAE has shifted to a Monday-Friday week

TONIGHT: Parliament had a busy day before the long weekend. Plus: IMF’s World Economic Outlook postponed to account for omicron

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