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Because Egyptians are everywhere
Two Egyptians are now leading multinational telecoms giants: Hatem Dowidar (Linkedin) has been appointed CEO of Etisalat Group after acting…
FX liquidity at banks is recovering from covid
The banking sector’s FX liquidity has recovered from pandemic-induced lows, thanks to the return of foreign inflows to capital markets,…
You can breathe now
Leading private-sector commercial bank CIB reported net income of EGP 2.35 bn for 3Q2020 as it released its first set…
Payment news roundup from Visa, Amazon + industry outlook
We have a bunch of news from the payments space that you need to know about, whether you’re in retail,…
What the markets are doing on 9 December 2020
The EGX30 rose 0.2% yesterday on turnover of EGP 1.6 bn (27.4% above the 90-day average). Foreign investors were net…
What we’re tracking on 9 December 2020
Good morning, wonderful people, and welcome to Wednesday, where the big news remains the rollout of Pfizer and BioNTech’s covid-19…
What the markets are doing on 8 December 2020
The EGX30 fell 0.3% yesterday on turnover of EGP 1.8 bn (27.1% above the 90-day average). Regional investors were net…
Central bank extends PoS drive
The Central Bank of Egypt is pushing ahead with a plan to have 1 mn point of sale machines in…
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