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Egypt’s bourse, EGP-denominated bonds have been underperforming for weeks
The EGX has been underperforming for weeks, and however well they’re doing, EGP-denominated bonds are lagging the EM peers. Stocks…
Egypt’s pound rallies to new two-and-a-half year high, approaching EGP 16 / USD 1 barrier
EGP rallies to new two-and-a-half year high: The EGP rose to a new two-and-a-half year high against the greenback, hitting…
Egypt could sign new IMF agreement in March -Maait
Egypt to sign IMF agreement in March? Egypt could reach a post-loan agreement with the IMF by March, Finance Minister…
CBE extends EGP 235 mn in mortgage financing
The Central Bank of Egypt (CBE) has extended an additional EGP 235 mn to mortgage companies to provide subsidized loans…
El Sisi brings up Russian flights to Egypt with Putin, but no breakthrough yet
Emiratis want to get involved with the RIZ, Putin tells El Sisi: The UAE has expressed interest in investing in…
What we’re tracking on 23 October 2019
Public schools and universities are closed today because … we’re having weather. Cabinet said overnightthat schools in Cairo, Giza and…
Sarwa Capital concludes EGP 776 mn Palm Hills securitized bond
Palm Hills and Sarwa Capital have closed a EGP 776 mn securitized bond backed by a portfolio of 582 delivered…
MPs voice concerns over Central Depository and Registration Act amendments
LEGISLATION WATCH- MPs voice concerns over Central Depository and Registration Act amendments: Members of the House Economic Committee yesterday voiced…
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