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CBE makes biggest rate cut on record to protect economy from covid-19 outbreak
The CBE has made its biggest rate cut on record, saying the move is to protect economy from covid-19 outbreak:…
Covid-19, air travel suspension and CBE interest rate cut reviewed on talk shows
CBE interest rate cut: Al Kahera Alaan’s Lamees El Hadidi spoke by phone with Hany Genena, head of research at…
What we’re tracking on 17 March 2020
The Central Bank of Egypt slashed interest rates 300 bps in a surprise move yesterday evening — the same day…
Foreign direct investment up 16% in 2Q2019-2020 -GAFI
FDI rises by 16% in 2Q2019-2020, says GAFI: Net foreign direct investment (FDI) into Egypt increased by 16% y-o-y during…
El Sisi reviews draft FY2020-2021 budget
BUDGET WATCH- President Abdel Fattah El Sisi reviewed the FY2020-2021 draft budget with senior cabinet ministers yesterday, an Ittihadiya statement…
What we’re tracking on Thursday, 12 March 2020
What, you thought a little bit of rain (or the whiff of the apocalypse in the air) would keep us…
AT Lease plans EGP 1 bn securitized bond offering in 3Q
DEBT WATCH- AT Lease plans EGP 1 bn securitized bond offering in 3Q: AT Lease is planning to issue EGP…
Suez Cement to offload stake in Kuwait’s Hilal Cement after reporting EGP 1.2 bn loss
M&A WATCH- Suez Cement to offload stake in Kuwait’s Hilal Cement after reporting EGP 1.2 bn loss: Cement producer Suez…
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