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NBE, Banque Misr sell EGP 21 bn in new fixed-rate savings certificates in first three days
New bank certificates prove popular: The National Bank of Egypt and Banque Misr have sold EGP 20.9 bn of their…
EGX holds steady after days of volatility
EGX holds steady after days of volatility: The EGX30 crept up yesterday to close 0.97% in the green. The index…
Dow has best day since 1933 as US, European markets soar on Fed bond buying and prospect of massive US bailout
Dow has best day since 1933 as US, European markets soar on Fed bond buying and prospect of massive US…
EGX slides after three days of gains
The EGX is back in the red again after three days of gains: The EGX30’s three-day bull run came to…
CIAF Leasing delays EGP 50 mn sukuk issuance on covid-19 headwinds
Aviation leasing company CIAF has decided to postpone its EGP 50 mn sukuk issuance to 4Q2020 due to the current…
Al Ahly Sabbour to invest EGP 5 bn in Keeva project
Al Ahly Sabbour is planning to seek a EGP 1 bn loan from local banks to finance its planned EGP…
Marseilia Group to obtain EGP 1 bn loan from NBE to quickly finish projects
Marseilia Group is looking to arrange a EGP 1 bn loan from the National Bank of Egypt to accelerate the…
CBE moves against dollarization amid signs the parallel market for greenbacks is trying to make a comeback.
CBE moves against dollarization amid signs the parallel market for greenbacks is trying to make a comeback. There are signs…
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