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CBE likely to cut rates today -economists
There’s a growing consensus for a rate cut today: The Central Bank of Egypt (CBE) will cut its benchmark overnight…
What we’re tracking on 22 August 2019
Today’s the day, ladies and gents: The Central Bank of Egypt’s Monetary Policy Committee meets later today to decide on…
Inertia, BdC sign EGP 575 loan agreement for construction work
Inertia signed yesterday a five-year EGP 575 mn loan agreement with Banque du Caire, according to Reuters’ Arabic service. The…
Al Marasem eyes Banque Misr to become lead arranger for EGP 2 bn Islamic loan
Real estate player Al Marasem International is in talks with Banque Misr to have it act as the lead arranger…
Egypt seeking USD 2.5 bn of financing for monorail project
Gov’t eyes USD 2.5 bn loan for monorail project: The government is seeking a USD 2.5 bn loan to finance…
The risks on Egypt’s sharply rising external debt are “currently manageable,” says Capital Economics
The “sharp rise” in Egypt’s external debt since 2015 could be cause for alarm but “the risks are currently manageable,”…
Egyptian economy resilient, but further reform needed to sustain growth- IIF
The Egyptian economy has proven resilient, but further reform is needed to sustain growth- IIF: Egypt is in a strong…
What we’re tracking on 21 August 2019
The Eid news slowdown is showing no signs of letting up... Tomorrow is interest rate day: The Central Bank of…
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