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Another rate hike incoming?
JPMorgan sees the CBE hiking interest rates by a further 200 bps when it meets later this month
What the markets are doing on 11 March 2024
The EGX30 rose 1.4% at today’s close on turnover of EGP 7.2 bn (53.8% above the 90-day average). Foreign investors…
What the markets are doing on 10 March, 2024
The EGX30 rose 5.2% at today’s close on turnover of EGP 7.5 bn (62.5% above the 90-day average). Local investors…
Al Ahly CIRA’s Saxony Egypt will open its doors in September. PLUS: News from the House, NTRA, and FRA
Saxony Egypt will offer two-year diplomas and four-year bachelor’s degrees and is expected to begin operations with six programs
What the markets are doing on 7 March 2024
The EGX30 rose 5.2% at today’s close on turnover of EGP 6.6 bn (44.2% above the 90-day average). Egyptian investors…
Banks roll out high interest rate CDs, ease currency controls on credit cards
The parallel market is “on its way to disappearing completely,” Banque Misr Chairman Mohamed El Etreby said
What the markets are doing on 6 March, 2024
The EGX30 fell 3.0% at today’s close on turnover of EGP 9.7 bn (115.9% above the 90-day average). Local investors…
What the markets are doing on 5 March 2024
The EGX30 rose 0.4% at today’s close on turnover of EGP 8.4 bn (90.1% above the 90-day average). Regional investors…
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