Gradual reopening of world economies along with increased conformity to the production cuts have allowed oil prices to bounce back and reach the $40/bbl threshold June 8, 2020/AEC Over the weekend, the 11th OPEC and non-OPEC Ministerial Meeting concluded on a series of decisions which will help maintain a still […]
Updates
GfK Covid-19 Consumer Pulse report reveals new buying patterns
Insights reveal opportunities and threats to existing brands and paradigm June 7, 2020/Aetoswire employment, travel and lifestyles. In Egypt, the COVID-19 crisis started mid-February in Egypt, escalated in March, leading to suspension of prayers at mosques on March 21, and then to a curfew in April, eased for Ramadan. GfK […]
Egypt: IMF Reaches Staff-Level Agreement on a 12-Month US$5.2 Billion Stand-By Arrangement
June 5, 2020/IMF Egypt’s Stand-By Arrangement (SBA)—following support under the IMF’s Rapid Financing Facility (RFI)—aims to alleviate the economic impact of the COVID-19 pandemic, helping maintain macroeconomic stability, strengthen the social safety net, and support reforms to spur private-sector-led growth and job creation. · Financing from Egypt’s international partners will […]
