{"id":552380,"date":"2022-08-31T13:17:07","date_gmt":"2022-08-31T13:17:07","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/31\/this-evening-bnp-paribas-thinks-well-get-usd-3-5-bn-from-the-imf-a-fresh-energy-squeeze-from-russia\/"},"modified":"2022-08-31T13:17:07","modified_gmt":"2022-08-31T13:17:07","slug":"this-evening-bnp-paribas-thinks-well-get-usd-3-5-bn-from-the-imf-a-fresh-energy-squeeze-from-russia","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/31\/this-evening-bnp-paribas-thinks-well-get-usd-3-5-bn-from-the-imf-a-fresh-energy-squeeze-from-russia\/","title":{"rendered":"THIS EVENING: BNP Paribas thinks we\u2019ll get USD 3-5 bn from the IMF + A fresh energy squeeze from Russia"},"content":{"rendered":"

It\u2019s <\/strong>almost-THURSDAY<\/strong>, wonderful people<\/strong> \u2014 our second-favorite day of the week. We have a balanced but interesting news day to bring you on this final workday before entering a new month. But first\u2026<\/p>\n

Tell us how you\u2019re feeling about your business and the wider economy<\/strong> and we\u2019ll be back with the results just in time to give you a sense of what everyone else is thinking heading into budget season.<\/p>\n

How has 2022 been for your business? And how do you feel about what\u2019s left of the year? <\/strong>Are you investing? Do you plan to hire new staff (or make cuts to your existing staff) now or in 2023? What\u2019s the USD \/ EGP rate you expect to use for your 2023 budget? Where do you see your industry as a whole heading?<\/p>\n

Make your voice heard in our Fall Reader Survey.<\/a><\/strong> It won\u2019t take more than a few minutes to complete.<\/p>\n

THE BIG STORY TODAY<\/strong><\/p>\n

<\/a> BNP Paribas tempers expectations of a mega IMF loan: <\/strong>BNP Paribas has revised its earlier predictions on Egypt\u2019s super sized loan package from the IMF to USD 3-5 bn, down from a previous assumption<\/a> of USD 10 bn, it said in a research note today. The French bank\u2019s forecasts come as officials continue to shoot down expectations<\/a> on a super-sized facility without disclosing an exact figure.<\/p>\n

THE BIG STORY ABROAD<\/strong><\/p>\n

The international business press is occupied this afternoon with different sides of the<\/strong> same story:<\/strong> Advancements in the Russia-Ukraine war and how it\u2019s all affecting Europe\u2019s energy situation. Ukraine launched a push today against Russian forces to reclaim occupied territory in the south. Armed with weapons from his Western friends, Ukrainian President Volodymyr Zelenskiy launched the offensive to safeguard Ukraine\u2019s access to the Black Sea, Reuters<\/a> reports. Meanwhile, Europe is bracing itself for energy cuts as Russian gas giant Gazprom tightens the taps to France over contractual disagreements and cuts flows to the Nord Stream pipeline, Bloomberg<\/a> reports. The vital Nord Stream pipeline halted supplies earlier this morning for what it said was unscheduled three day maintenance, leaving Germany to tap into its gas reserves. Reuters<\/a> also has the story.<\/p>\n

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HAPPENING NOW-<\/strong><\/p>\n

** CATCH UP QUICK<\/strong> on the top stories from today\u2019s EnterpriseAM<\/strong>:<\/p>\n