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Net foreign assets post a strong recovery in September, hitting USD 20.8 bn
Commercial banks saw their net foreign assets’ surplus hit USD 9.8 bn
CBE looks to raise EUR 600 mn from t-bill auction today
Good morning, all. After a slow start to the week, with all eyes on the grand opening of the Grand…
Four Gulf banks eye Egypt’s EGP 3 bn inaugural local sukuk issuance
Good afternoon, friends. We hope you’re enjoying your first day back to a fresh new workweek. The news cycle seems…
Fitch affirms CIB’s long-term issuer default rating
PLUS- Efforts to up production at Zohr have been boosted with a new 70 mcf/d well
CBE reportedly fines FAB Misr and other banks over loan violations
If confirmed, FABMisr’s EGP 1 bn fine would be the largest ever imposed on a bank in Egypt
Experts predict gold mini-bust after historic rally
Some analysts think that the recent pullback is the start of a downward trend that could erase a significant portion…
CBE reportedly fines FABMisr and other banks over loan violations
Good afternoon, friends, and welcome to the homestretch. It’s a calm day in the press, with few but impactful headlines…
Nahdet Misr to set up USD 100 mn waste-to-energy plant?
PLUS- Evolve Investment Holding plans to launch four to five new gold investment funds in Egypt
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