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FX reserves hold the line in November
Egypt’s foreign currency reserves were broadly stable in November, inching up a modest USD 1.8 mn to USD 39.2 bn,…
FX reserves rise slightly in August
FX reserves rise slightly in August: Foreign reserves rose in August for the third month running, coming in at USD…
Aza appoints Meryem Habibi as its CRO
MOVES- Nairobi-based FX broker and fintech company Aza has appointed Meryem Habibi (Linkedin), formerly of Diebold Nixdorf, as its chief…
Egyptian banks’ FX liquidity “still vulnerable” as recovery from covid-19 sell-off will take longer than 2018 EM Zombie Apocalypse -Fitch
Egyptian banks’ FX liquidity “still vulnerable” — it’s going to take longer to recover from the covid-19 sell-off than from…
FX reserves rise for the first time since February — stable outlook for the back half of the year?
FX reserves rise for the first time since February — stable outlook for the back half of the year? Foreign…
Latest draft of the Banking Act is set to go to the House today; includes 1% industry development tax, appears to scrap proposed term limits on bank MDs
LEGISLATION WATCH- Latest draft of the Banking Act is set to go to the House today; includes 1% industry development…
Egypt’s foreign reserves dip USD 5 bn in March
FX reserves dip in March for the time in 14 months: Foreign reserves dipped USD 5.4 bn in March to…
Strong FX reserves, fiscal reform to mitigate short-term headwinds on Egypt’s external account -Fitch Ratings
Strong FX reserves, fiscal reform to mitigate short-term headwinds on Egypt’s external account -Fitch Ratings: Strong international reserves and the…
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