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Egypt left interest rates on hold, snapping two rounds of monetary easing, as caution about tensions in the region and the fallout from US President Donald Trump's tariffs outweighed slowing inflation. Carla Slim, Standard Chartered, MENA Economist spoke to Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche on the rate decision as well as Oman's rating upgrade and OPEC+'s path forward with oil output. (Source: Bloomberg)...
Growing berries in Saudi Arabia and a farming project by the Nile are among the first investments of a new private equity firm co-founded by the former chief of Egypt's sovereign wealth fund....
Egypt's non-oil private sector shrinks more slowly in November, PMI shows CAIRO, Dec 3 (Reuters) - Conditions in Egypt's non-oil private sector declined more slowly in November as output and new orders dropped at a slower pace, according to the latest Purchasing Managers' Index (PMI) data from S&P Global. The PMI edged up to 49.2 in November from 49.0 in October, inching closer to the 50.0 threshold that separates growth from contraction....