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Why banks in Egypt remain profitable: Chapter XXII
Profits in the banking sector have grown this year despite an acceleration of the central bank’s easing cycle, a survey…
Trade + transparency = private investment, says World Bank
Egypt’s private sector is yet to feel the benefits of the government’s economic reforms, and although the economy has stabilized…
What the markets are doing on 20 December 2020
Inflows into emerging markets in 4Q2020 have boomed at the fastest rate in seven years, the Financial Times reports, citing…
Hold your horses
ENTERPRISE POLL- The Central Bank of Egypt (CBE) will leave rates on hold when its Monetary Policy Committee holds its…
What we’re tracking on 20 December 2020
Good morning, friends. It’s both interest rate week and Christmas week — happy holidays to all those who celebrate. It…
SFE hits EGP 26 bn milestone
The Sovereign Fund of Egypt (SFE) now has nearly EGP 26 bn in assets under management (AUM), SFE CEO Ayman…
Parliament pushes Sukuk law to 2021
The bill that lays the groundwork for Egypt’s first sovereign sukuk sale is being put on hold until the new…
What we’re borrowing in 1H2021
The Finance Ministry reportedly plans to sell USD 7 bn-worth of EUR- and USD-denominated eurobonds in 1H2021, Asharq Bloomberg suggests.…
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