Goldman Sachs

Goldman Sachs says CBE could cut rates this month

The Central Bank of Egypt (CBE) can afford to cut rates by as much as 50 bps at its meeting later this month, Goldman Sachs MENA economist Farouk Soussa told Bloomberg (watch, runtime 7:12).
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Tourism revenues in Egypt will increase by $3bn on Russian flight resumptions: Goldman Sachs

The tourism sector in Egypt will be seeing an additional revenues by over $3bn annually after the return of Russian tourists in Egypt to pre-2015 levels, according to the American multinational…
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