The central bank will auction off USD 850 mn in one-year USD-denominated treasury billstomorrow. The auction will be marketed to local and foreign institutions, Reuters notes.

MNOs move to petition NTRA’s cap on SIM card sales: Execs from Vodafone Egypt, Orange Egypt, and Etisalat Misr are expected to meet this week with the National Telecommunications Regulatory Authority (NTRA) to ask that the authority “reassess” its decision to impose a cap on their monthly SIM card sales, Al Borsa reports. The MNOs are hoping to push the limit to between 200 and 300 cards per distributor per month, up from the 50 the NTRA had imposed in a snap decision last week. State-owned newcomer WE was exempted from the decision.

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