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What the markets are doing on 9 December 2020
The EGX30 rose 0.2% yesterday on turnover of EGP 1.6 bn (27.4% above the 90-day average). Foreign investors were net…
Egypt’s macro picture in 2021, according to Beltone
Egypt’s macro picture in 2021, according to Beltone: The coming 12 months will be characterized by solid economic growth, low…
Enterprise Explains: Sukuk
Enterprise Explains: Sukuk. Consumer- and structured-finance player Sarwa Capital recently closed Egypt’s second corporate sukuk issuance since the debt instrument…
Central bank extends PoS drive
The Central Bank of Egypt is pushing ahead with a plan to have 1 mn point of sale machines in…
Egypt’s budget deficit down, remittances up
Egypt’s budget deficit shrank to EGP 134.9 bn, equivalent to 2.1% of GDP in 1Q2020-2021 compared to 2.3% during the…
Tourism companies, workers get another helping hand
The tourism industry will continue to get a helping hand from the Central Bank of Egypt (CBE) after the bank…
What we’re tracking on 8 December 2020
IT’S A BIG DAY FOR- Every single one of us, really, as the United Kingdom is set to become the…
Last Night’s Talk Shows on 7 December 2020
Leading the conversation on the airwaves last night: The Coptic Orthodox Church’s decision to suspend mass, funerals, and other prayers…
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