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Float spurs influx of FX sales at the country’s biggest FX bureaus
Author Archives: enterpriseam admin
Posted inBanking
Moody’s upgrades five local banks’ credit rating outlook to positive
Moody’s cited the FX liquidity from the Ras El Hekma agreement in addition to recent reforms
Posted inCapital markets
Gov’t declined all bids in latest bond auction
FinMin was reluctant to meet the high interest rates demanded by investors
Posted inEARNINGS WATCH
Beltone turns profitable in 2023
Beltone’s net income and revenues soared in 2023 after years of losses
Posted inA MESSAGE FROM VISA
The future of digital payments, with Visa’s Andrew Torre
Explore the latest trends shaping the digital payments landscape in this dynamic region with Visa’s Leila Serhan, senior vice president and group country manager for North Africa, the Levant, and Pakistan(NALP), and Andrew Torre, Visa’s regional president for Central and Eastern Europe, Middle East, and Africa (CEMEA), on the Access Tomorrow podcast. What do they […]
Posted inEGYPT IN THE NEWS
The trial of Bob Menendez is once again putting Egypt in the int’l news cycle
“Once again, not guilty your honor,” US Senator Bob Menendez said on Monday as he pleaded not guilty to new charges of obstruction of justice. The allegations against the embattled New Jersey senator have brought renewed attention from the international press to federal charges last year alleging that “Menendez helped one of the men get […]
Posted inAlso on our Radar
Green Hurghada project secures USD 3 mn in funding. PLUS: News from NBE, FABMisr, Elsewedy Electric
The project is being carried out by the United Nations Industrial Development Organization and the Environmental Affairs Agency
Posted inPLANET FINANCE
Stock market rallies convince analysts of global risk reset
Stock markets rallies make analysts believe a risk reset is around the corner: The world’s most prominent indices — S&P 500, Nasdaq, Japan’s Nikkei 225, Germany’s Dax, and others — have all notched record highs in recent weeks, cementing investor and analyst confidence and pushing some to let go of previously risk-averse approaches, the Financial […]