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CBE resumes its easing cycle with 200 bps cut
Rates are now down a whole 525 bps since the bank began its easing cycle in April
It’s interest rate day
Good morning, friends and happy Thursday to you all. We have a brisk issue for you this morning with fresh…
Bank NXT unveils its new Private segment
BANKING- Bank NXT rolled out its new Private segment tailored for high-net-worth individuals with a minimum balance of EGP 20…
Most analysts see the CBE cutting rates this week- EnterpriseAM poll
Eleven of the analysts we spoke to see the MPC cutting rates between 100-300 bps
Gov’t eyes fresh foreign investments into the energy sector
PLUS- Post for Investment and homegrown fintech startup Cayesh establish a new factoring company
Hassan Abdalla gets another year as CBE governor
The new term will run until August 2026
United Bank to welcome new CEO following El Kady’s resignation
Tarek Fayed will replace Ashraf El Kady, who has led the bank since 2016
The country’s first digital bank to launch services next year
MDI has received approval from the Central Bank of Egypt to transform into onebank
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