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Mohamed Maait

Mohamed Maait latest

With the central bank’s easing cycle in full throttle, the price letup is ensuring that Egypt’s pound stays a favorite carry tradeWith the central bank’s easing cycle in full throttle, the price letup is ensuring that Egypt’s pound stays a favorite carry trade
October 13th, 2019 - 06:30 GMT

Egypt Interest Rates Among World’s Highest After Inflation Plummets to Lowest in 7 Years

Egypt’s real interest rates are again with few equals among emerging economies after inflation plummeted to the lowest in almost seven years, offering a fresh incentive to investors in local debt looking to maximize returns, Bloomberg reported. {"preview_thumbnail":"https://cdn.flowplayer.com/6684a05f-6468-4ecd-87d5-a748773282a3/i/v-i-a…","video_id":"aa92c4b5-e323-4726-95c3-90c8f68f5839","player_id":"8ca46225-42a2-4245-9c20-7850ae937431","provider":"flowplayer","video":"Top 10 Cryptocurrencies by Market Capitalization"} Decelerating for the fourth consecutive month, price growth in urban parts of the country slipped to an annual 4.8 percent in September from 7.5 percent in August ...
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Changes to income tax would be procedural, and no changes would be made to overall tax policy or tax rates.
September 10th, 2019 - 06:28 GMT

Egypt to Simplify Tax Procedures to Boost FDI

Government has allocated EGP6 billion to a new programme for the stimulation of exports
August 19th, 2019 - 02:30 GMT

Egypt to Spend $663 Million on New Industrial Complexes

Egypt sought to raise more than EGP100 billion in the budget of 2016-2017. (Shutterstock)
March 21st, 2019 - 11:05 GMT

Egypt Aims to Reach 6.1 Percent GDP, 7.2 Percent Budget Deficit

Egypt raised 2 billion euro in bonds in April. (Shutterstock)
October 15th, 2018 - 08:33 GMT

Egypt Looks to Asia as It Undergoes Debt Restructuring

The Turkish lira lost about 20 percent of its value against the US dollar. (Shutterstock)
August 16th, 2018 - 09:03 GMT

Interest Rates to Remain Unchanged in Egypt Despite Turkish Lira Crisis

The country’s budget deficit had fallen below 10 per cent for the first time since 2011. (Shutterstock)
July 26th, 2018 - 09:39 GMT

Egypt's GDP Reaches Its Highest in 10 Years

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