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BdC just got a green lending boost
Banque du Caire is getting USD 30 mn in “tier-two” capital investment under a financing agreement with the Green for…
THIS EVENING: Zombie cement factory brought back online + El Sisi attends AU-EU summit in Brussels. Plus: Tensions are flaring up between Russia and Ukraine
Good afternoon, wonderful people. It’s the end of a week that passed in excruciatingly slow fashion, despite being chock-full of…
Planet Finance: UK inflation hits a fresh three-decade high, spurring fears of half-point rate hike
Against expectations, UK inflation accelerated for a fourth consecutive month in January to reach 5.5%, marking a fresh 30-year high,…
Last Night’s Talk Shows: More imports paperwork talk
The CBE’s new import rules led coverage on the airwaves for a second day running. We have more on the…
PHD’s board approves EGP 3.25 bn sukuk sale
Palm Hills Developments (PHD) is taking a EGP 3.25 bn sukuk issuance to market after its board of directors signed…
We have more details on the CBE’s new import rules
Details on CBE’s new import rules outline exemptions for some goods + small shipments: Imports of goods worth up to…
9% economic growth, hedging wheat, and privatization get air time in PM’s presser
Egypt’s economy grew at a 9% clip in 1H2021-2022, with 8.3% growth during the second quarter of the current fiscal…
Last Night’s Talk Shows: The great debate over import letters of credit
Industry officials and banking experts spoke up on the airwaves last night about the CBE’s new import rules, after the…
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