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2021 was a bumper year for fintech funding in Egypt — CBE
Inside the Central Bank of Egypt’s fintech report: Egypt’s fintech scene has grown leaps and bounds over the past few…
Analysts say six Fed rate hikes won’t halt inflation + Kuwait’s stock exchange looks to add new instruments
Will the Fed’s rate hikes be too little, too late? Almost half of economists polled by the Financial Times think…
Aramco sells 49% stake in its natgas pipelines + FAB lines up USD 500 mn in sukuk
Aramco closes USD multi-bn sale of minority stake in natgas pipelines: An investor group led by BlackRock has acquired a…
Last Night’s Talk Shows: Strong domestic growth in the face of global volatility + the state IPO pipeline
Strong GDP growth dominated last night’s coverage: Planning Minister Hala El Said took to the airwaves last night to fill…
Gov’t again ups 2021-2022 growth forecast
Egypt’s economy is expected to grow 6.2-6.5% in FY2021-2022, marking an upwards revision from the previously expected 6%, Planning Minister…
More clarity from CBE on new import rules
The Central Bank of Egypt has responded in a document to queries from importers on its recently issued rules requiring…
2022 on course to be one of the hardest years ever to do business
Think it was difficult to run a company in 2020? Well think again, as corporate heads and analysts in the…
More moves from the central bank to ease in new import rules + Nafeza trials for air freight to start soon
CBE teams up with Credit Guarantee Company to help banks cover risk when issuing letters of credit to importers: The…
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