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Classera plans Egypt expansion
COMMODITIES- State grain buyer GASC reportedly purchased 80k tons of Russian wheat at USD 339 per ton for shipment in…
FRA eases borrowing limits on home loans
The FRA is easing credit limits for homebuyers: The Financial Regulatory Authority has loosened income requirements for mortgage lenders in…
Last Night’s Talk Shows: Banks to secure FX to clear import backlog within 4 days, says El Sisi
It was another econ-heavy night on the airwaves, this time centered on President Abdel Fattah El Sisi’s speech during a…
THIS MORNING: Central bank announces exemptions for FX withdrawal limits
Good morning, good people: We’re continuing our 2022 rewind today, looking back at the year in M&A, investment and capital…
THIS EVENING: El Sisi signals banks will secure FX for L/Cs before the year is out + Welcome to the Christmas slowdown
Happy Monday, ladies and gents. We’re in that final stretch before we wave goodbye to the new year — and…
It’s been a helluva year for global debt markets
It has been a tumultuous year in the global debt markets as central banks around the world have aggressively raised…
Ending the year on a big note
CBE drives home jumbo 300 bps rate hike: The Central Bank of Egypt raised interest rates by 300 bps on…
THIS MORNING: It’s the last workweek of the year + Gov’t is getting a move on with clearing import backlogs
Good morning, ladies and gents, and welcome to the last workweek of 2022. As is our custom around this time…
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