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What we’re tracking on 4 March 2020
It was a return to normalcy on the EGX yesterday following Sunday’s tumultuous trading session and Monday’s half-hearted rebound. The…
Egyptian stocks hold steady following Sunday’s rout
Egyptian stocks hold steady following Sunday’s rout: Egyptian equities stabilized yesterday as global markets rebounded from last week’s sell-off on…
What we’re tracking on 3 March 2020
Global markets including the EGX held their ground yesterday after the worst week of losses since the global financial crisis.…
Global equities markets have worst week since 2008 on covid-19 fears
Global equities markets have worst week since 2008 on covid-19 fears: Global equity markets were a sea of red on…
What we’re tracking on 1 March 2020
The story of the day is clearly the global spread of the covid-19 virus. Fears it will tip developed economies…
NBE signs EGP 1 bn credit facility with Fiber Misr
The National Bank of Egypt (NBE) has signed a EGP 1 bn credit facility agreement with IT firm Fiber Misr,…
What we’re tracking on 27 February 2020
Don’t expect today’s GERD talks to amount to anything more than small talk: Ethiopia is trying to back out of…
Central Bank of Egypt amends its initiative to ease debt relief procedures
CBE eases debt repayment terms for financially distressed companies: The Central Bank of Egypt (CBE) will renegotiate debt repayment terms…
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