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Talking heads keep score as 25% CDs rise
The economy topped the talk shows once again last night, as the pundits focused on Prime Minister Moustafa Madbouly’s budget…
GB Lease issues EGP 1.7 bn in securitized bonds
GB Auto subsidiary GB Lease has closed an EGP 1.7 bn securitized bond issuance, according to a joint statement (pdf)…
Ringing in the new year with a bond binge + EM bulls are waiting for a Fed reversal
Does 2023 bode a comeback for bonds? Global borrowers issued USD 150 bn worth of fresh bonds in just four…
Newly introduced 25% CDs see massive demand in first two days + Big Two bag USD 700 mn facility
The newly released 25% certificates of deposit have raked in almost EGP 100 bn in a matter of days —…
THIS EVENING: EGP slips against the USD to new record + Merry Christmas, everyone
Happy THURSDAY, wonderful people. We made it through the first work week of 2023 and are being rewarded with another…
A message from Mashreq
Outlook for 2023 Message by Amr El Bahey — CEO of Mashreq Egypt Global economic activity may face some headwinds…
Talking 25% CDs
The new one-year, 25% certificate of deposit (CDs) by Banque Misr and the National Bank of Egypt dominated the talk…
Bank ABC and Blom Bank Egypt are now one
Bank ABC and Blom Bank Egypt are now a single entity: Bahrain’s Bank ABC has completed the legal merger of…
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