S&P affirmed Egypt’s sovereign credit at B/B and Fitch Ratings at B, both with a stable outlook

Good morning, friends, and welcome back from the long weekend.

Leading today’s issue: Annual urban inflation eased to 13.9% in September, its lowest rate since February

And we’ve got an exclusive — private equity fund manager Ezdehar has acquired local fashion retailer Consolidated Group and is folding it into DalyDress…