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The CBE might prefer to act boldly! We believe that the Central Bank of Egypt is likely to raise interest rates by around 0.5% this Thursday

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The Egyptian Prime Minister stated that changing the exchange rate increases the cost of electricity subsidies by 16 billion EGP annually

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The Emirati “Aldar” is considering buying a majority stake in the Egyptian “Nasr City”

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Mubasher Group is launching ‘Du-Crypto’, a digital currency trading platform in the MENA region

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UAE’s Chimera is in the process of submitting an offer to acquire a stake in Egypt’s Beltone

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US CPI numbers are out. Every measure came in higher than consensus expectations.

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