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National Bank of Egypt signs blockchain agreement with Ripple for remittances
NBE signs blockchain protocol agreement with Ripple for remittances: The National Bank of Egypt (NBE) currency exchange network Ripple signed…
Egypt to begin trial runs for shift to cash subsidies in three governorates until July
Egypt to begin trial runs for shift to cash subsidies in Cairo, Port Said, El Wadi El Gedeed: The Supply…
Egypt’s gov’t records budget deficit of 3.8% in 1H2019-20- report
BUDGET WATCH- Gov’t records budget deficit of 3.8% in 1H2019-2020: The Finance Ministry’s semi-annual fiscal performance report showed a budget…
EGP surges to new three-year highs against the greenback
CURRENCY WATCH- EGP surges to new three-year highs against the greenback: The EGP rallied yesterday to its highest value against…
Africa could be transformed by the digital economy — but only if its infrastructure is strengthened
African countries could be transformed by the digital economy — but only they invest in infrastructure: Africa must tackle significant…
EBRD, QNB Alahli agree USD 82 mn climate finance package
EBRD commits fresh capital to climate finance in Egypt: The European Bank of Reconstruction and Development (EBRD) and QNB Alahli…
What we’re tracking on 4 February 2020
It’s data day: The purchasing managers’ indexes for Egypt, Saudi Arabia and the UAE are out today at 6:15am CLT…
What we’re tracking on 3 February 2020
The results of the 2020 Enterprise Reader Survey are in. Altogether, businesses in Egypt say they fared relatively well in…
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