{"id":576832,"date":"2020-10-02T08:14:25","date_gmt":"2020-10-02T08:14:25","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/02\/your-top-5-pieces-of-business-and-economic-news-in-september\/"},"modified":"2020-10-02T08:14:25","modified_gmt":"2020-10-02T08:14:25","slug":"your-top-5-pieces-of-business-and-economic-news-in-september","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/02\/your-top-5-pieces-of-business-and-economic-news-in-september\/","title":{"rendered":"Your top 5 pieces of business and economic news in September"},"content":{"rendered":"<p>Your top 5 pieces of business and economic news in September:<\/p>\n<ul>\n<li>Egypt\u2019s non-oil private sector recovery stalled in August, according to <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/5db5c208-73ce-4d80-b9f5-815d37efef76\">IHS Markit PMI figures<\/a>.<\/li>\n<li>The Central Bank of Egypt made a surprise 50 bps <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/383b8b99-dd6d-46df-b2dd-f2c241ea039f\">interest rate cut<\/a> in September \u2014 its first since March.<\/li>\n<li>Remittances from Egyptians working abroad <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d9be7866-5adb-4a96-85fa-6f859b1d26a3\">unexpectedly rose<\/a> 11% to USD 2.9 bn in July.<\/li>\n<li>Egypt <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/000a6b27-901e-41be-895f-cf6ab6ee623f\">closed a USD 2 bn financing package<\/a> with regional and international banks to plug budget shortfalls resulting from the covid-19 crisis.<\/li>\n<li>The Eastern Mediterranean Gas Forum <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/01a49990-c0a6-474a-9234-976ca6dc30c3\">became an officially established organization<\/a> with the signing of its charter.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Your top 5 pieces of business and economic news in September: Egypt\u2019s non-oil private sector recovery stalled in August, according to IHS Markit PMI figures. The Central Bank of Egypt made a surprise 50 bps interest rate cut in September \u2014 its first since March. Remittances from Egyptians working abroad unexpectedly rose 11% to USD [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9513],"tags":[2604,2611],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-576832","post","type-post","status-publish","format-standard","hentry","category-your-top-5","tag-enterpriseyourwealth","tag-your-top-5","wpautop","entry"],"acf":{"mongo_id":"a7c6f5fa-a433-40f7-826b-1b40a7be5357","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[576827],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Your top 5 pieces of business and economic news in September - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/02\/your-top-5-pieces-of-business-and-economic-news-in-september\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Your top 5 pieces of business and economic news in September\" \/>\n<meta property=\"og:description\" content=\"Your top 5 pieces of business and economic news in September: Egypt\u2019s non-oil private sector recovery stalled in August, according to IHS Markit PMI figures. The Central Bank of Egypt made a surprise 50 bps interest rate cut in September \u2014 its first since March. Remittances from Egyptians working abroad unexpectedly rose 11% to USD [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/02\/your-top-5-pieces-of-business-and-economic-news-in-september\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-10-02T08:14:25+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/02\/your-top-5-pieces-of-business-and-economic-news-in-september\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/02\/your-top-5-pieces-of-business-and-economic-news-in-september\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Your top 5 pieces of business and economic news in September\",\"datePublished\":\"2020-10-02T08:14:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/02\/your-top-5-pieces-of-business-and-economic-news-in-september\/\"},\"wordCount\":102,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseYourWealth\",\"YOUR TOP 5\"],\"articleSection\":[\"YOUR TOP 5\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/02\/your-top-5-pieces-of-business-and-economic-news-in-september\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/02\/your-top-5-pieces-of-business-and-economic-news-in-september\/\",\"name\":\"Your top 5 pieces of business and economic news in September - 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USD 120 mn from a group of investors that includes financial services-focused PE house Apis, the UK\u2019s Development Partners International (DPI)\u2026","rel":"","context":"In &quot;YOUR TOP 5&quot;","block_context":{"text":"YOUR TOP 5","link":"https:\/\/enterpriseam.com\/egypt\/category\/your-top-5\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":579414,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/18\/your-top-5-pieces-of-business-and-economic-news-in-october-2022\/","url_meta":{"origin":576832,"position":3},"title":"Your top 5 pieces of business and economic news in October 2022","author":"enterpriseam admin","date":"18 November 2022","format":false,"excerpt":"Your top 5 pieces of business and economic news in October 2022: Egypt and the IMF agreed a USD 3 bn bailout package, unlocking vital funding for the government via a 46-month extended fund facility.The Central Bank of Egypt devalued the currency for the second time this year, causing the\u2026","rel":"","context":"In &quot;YOUR TOP 5&quot;","block_context":{"text":"YOUR TOP 5","link":"https:\/\/enterpriseam.com\/egypt\/category\/your-top-5\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":592648,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/03\/foreign-holdings-of-egyptian-treasuries-score-usd-15-29-bn-in-september\/","url_meta":{"origin":576832,"position":4},"title":"Foreign holdings of Egyptian treasuries score USD 15.29 bn in September","author":"enterpriseam admin","date":"3 November 2019","format":false,"excerpt":"Foreign holdings of Egyptian treasuries rose slightly to USD 15.29 bn at the end of September compared to USD 15.06 bn at the end of September 2018, according to the CBE\u2019s monthly statistical bulletin (pdf).","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":593572,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/02\/foreign-reserves-inch-up-to-usd-45-11-bn-in-september\/","url_meta":{"origin":576832,"position":5},"title":"Foreign reserves inch up to USD 45.11 bn in September","author":"enterpriseam admin","date":"2 October 2019","format":false,"excerpt":"Foreign reserves crept up to USD 45.11 bn in September, up from USD 44.97 bn in August, the Central Bank of Egypt said yesterday.","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/576832","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=576832"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/576832\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/wealth\/576827"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=576832"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=576832"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=576832"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=576832"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=576832"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}