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Foreign investments in Egypt’s t-bills were up again in May for third consecutive month following EGP float
Foreign investments in Egypt’s t-bills sat at USD 37.5 bn by the end of May
Yield on three-month t-bills hits five-month high
Good morning, folks. It is a fairly quiet morning led by the launch of our carbon market — Africa’s first…
Polaris Parks is set to invest EGP 5 bn in new industrial complexes. PLUS: News from Saudi Drilling & Exploration, Jade Textile, EEHC
The company is waiting for five plots to be allocated
Foreign reserves hit a fresh high of USD 46.5 bn in July
Egypt's net foreign reserves have increased by about USD 11.2 bn since February
Egypt launches USD 660 mn ethane gas import company. PLUS: News from Banque du Caire, Tourism Ministry,
The company aims to import 1.1 mn tons of liquefied ethane gas a year
Net foreign asset position remains in the green in June despite surplus falling 10%
The net foreign asset surplus at commercial banks shrank 41.0% from the month before in June
Saudi Arabia to use CBE deposits to fuel Egypt investments
Saudi Arabia sees Egypt “as a promising market and important export platform for the countries of the region”
Contact Financial is setting up an ins. consultancy firm. PLUS: News from Banque Misr, Visa, Misr Ins., Emaar Misr
The firm will have an initial capital of EGP 10 mn and will provide comprehensive ins. services
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