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Egyptian equities join world’s top performers as EGX soars on CBE intervention
Egyptian equities join world’s top performers as EGX soars on CBE intervention: The benchmark EGX30 joined the ranks of the…
Last Night’s Talk Shows on 24 March 2020
The talking heads were back on the air last night with all the latest on the covid-19 outbreak. First up-…
World Bank gives social housing funding program a USD 500 mn boost
World Bank gives social housing funding program a USD 500 mn boost: The World Bank is increasing by USD 500…
Maridive in talks with creditors as it struggles with covid-19, plunging oil prices
Maridive is in talks with creditors as it struggles with covid-19, plunging oil prices: EGX-listed Maridive & Oil Services is…
Egypt goes full Kuroda: CBE to directly purchase equities in a bid to stem EGX sell-off
CBE to directly purchase equities in a bid to stem EGX sell-off: The Central Bank of Egypt (CBE) will buy…
EGOTH in talks with banks for EGP 400 mn loan to renovate Sofitel Winter Palace
The Egyptian General Company for Tourism and Hotels (EGOTH) is in talks with unnamed local banks for a EGP 400…
EM economies are under stress as investors dump debt, flock to rising USD
EM economies under stress as investors dump debt, flock to rising USD: Emerging market debt and equity outflows have hit…
Egyptian remittances rise 5% in 2019
Remittances rise 5% in 2019: Remittances from Egyptians living abroad rose 5% to USD 26.8 bn in 2019 from USD…
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