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Annual inflation cools from 20-month high
Annual urban inflation fell back from its 20-month high in October as the rate of increase in food prices dipped…
THIS MORNING: It’s inflation day; UK to relax quarantine rules for people with Sinovac, Sinopharm jabs.
Good morning, friends, and welcome to almost-THURSDAY, where the weekend is nearly in sight after a very, very busy week…
CBE issues framework for instant digital payments
The Central Bank of Egypt has released the regulations(pdf) for its instant payment network (IPN), part of its strategy to…
Lighthouse Education reaches EGP 560 mn first close
State-backed education investment platform Lighthouse Education has reached a first close of EGP 560 mn, beating its initial fundraising target,…
Abu Dhabi Commercial Bank Egypt profits inch up in 3Q2021
Abu Dhabi Commercial Bank Egypt reported net income of EGP 379 mn in 3Q2021, up almost 3% from the same…
FX reserves inch up in October
Egypt’s foreign currency reserves inched up USD 24 mn in October, reaching USD 40.85 bn from USD 40.83 bn in…
Kudos on 4 November 2021 for CIB, Edita’s Menna Shams Eldin, and Ahmed Malek
KUDOS- Some of our favourite people took home hardware from the Middle East Investor Relations Association’s (MEIRA) annual awards in…
NTRA slaps telcos with fines for poor quality
NTRA slaps telecom companies with EGP 25 mn in fines for subpar quality: The National Telecommunications Regulatory Authority (NTRA) has…
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