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Former Blom Bank Egypt deputy doesn’t think the CBE will raise rates this week
Food prices and the Turkish election also got attention
Al Baraka Bank secures USD 30 mn in green funding from IsDB. PLUS: Italy debt swap agreement extension?
Green SME-led projects to receive funding from IsDB: Al Baraka Bank Egypt will receive USD 30 mn in sharia-compliant funding…
Basel El Hini named HDB non-executive chairman -local media
El Hini stepped down as MIH’s chairman and managing director in January
Qalaa revenues more than double in 2022 on record refining margins. PLUS: CIB, ODE report 1Q23 earnings
High oil prices fueled a 162% rise in revenues at the Egyptian Refining Company
BNP Paribas, Citi analysts think an imminent EGP deval looks increasingly unlikely
Policymakers could wait for FX inflows before any further devaluation
CBE to keep rates unchanged on slower April inflation -poll
Seven of nine analysts expect rates to be held steady
Nine local firms make FT list of Africa’s fastest-growing companies
Egyptian firms represent 9% of the application-based list.
Inflation took a month off in April
Inflation eased for the first time in 10 months in April thanks to a favorable base effect, the stabilization of…
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