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Fresh investments into Masria Digital Payments. PLUS: News from Al Ahly Sabbour and Edita
MDP is in talks with five local and international investment funds over a USD 80-100 mn investment
HSBC’s Simon WIlliams on how to think about the economy in the months to come
The business community needs to see rates come down — and so does the state treasury
Valu raises EGP 617 mn in securitized bonds
The issuance is part of a EGP 9 bn extended program and the ninth overall
Jordanian SME lender liwwa is looking to set up shop in Egypt
This comes after the lender secured USD 5 mn from the US DFC
Latest inflation data sends USD rally into reverse
Traders now expect the Fed to deliver two quarter-point rate cuts in 2024
This fiscal year’s budget could get a top up
The additional funds will come from proceeds from the USD 35 bn Ras El Hekma agreement
CBE to leave interest rates unchanged on Thursday -poll
All 11 of the analysts and economists we surveyed expect the MPC to hold rates steady
Chinese investment in north Africa, eastern Europe, central Asia more than double that of US and Germany combined
“China is dwarfing FDI from Germany and the US,” the EBRD’s chief economist Beata Javorick told the Financial Times
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