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Non-banking financial services set to attract investment and drive growth in Egypt
Beltone sees scope for growth in Egypt, looks to regional expansion: Egypt has become a hub for attracting investment, especially…
Egypt rallies int’l support to resolve GERD gridlock
Shoukry rallying int’l support to resolve GERD gridlock: Foreign Minister Sameh Shoukry brought up the Grand Ethiopian Renaissance Dam (GERD)…
EGP, EGX rally after CBE rate cut
The EGP flexed its muscles against the USD yesterday, rallying on the first market day after the central bank cut…
What we’re tracking on 30 September 2019
We’re one trading session into the week, and so far so good. The EGX gained another 3.3% yesterday, continuing last…
Protesters gather for more small-scale demonstrations on Friday
Huge security op delivers a quiet Friday nationwide: Small numbers of protesters attempted to gather in a handful of cities…
Central Bank of Egypt cuts rates by 100 bps, in line with expectations
In line with expectations, CBE cuts rates: The Central Bank of Egypt’s Monetary Policy Committee (MPC) cut interest rates by…
What we’re tracking on 26 September 2019
You may now take a breath: The sell-off on the EGX30 finally cooled off yesterday as the index closed up…
What we’re tracking on 25 September 2019
Aside from the fact that the EGX has, in just three days, largely erased its gains of this year (more…
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