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United Bank sale on ice until covid has passed
M&A WATCH- United Bank sale on ice until we fully emerge from pandemic: The sale of state-owned United Bank to…
Inflation to rise to 6.2% in 4Q- Amer
Amer sees slight uptick in inflation in the final quarter of the year: Egypt’s annual inflation rate is expected to…
Your top 5 pieces of business and economic news in August
Your top 5 pieces of business and economic news in August: Egypt’s non-oil private sector contracted at its slowest pace…
Foreign holdings of Egyptian t-bills rebound in June after fourth straight month of decline
Foreign holdings of Egyptian t-bills rebounded in June following four straight months of decline, according to CBE data (pdf) released…
Pundits call on Central Bank of Egypt to renew debt payment holiday
Pundits call on CBE to renew debt payment holiday: Banking experts polled by Mubasher have come out in support of…
What we’re tracking on 26 August 2020
It’s another busy news day as we speed toward the week’s end, starting with the fact that bank hours just…
Egypt earmarks EGP 1.2 bn in financing for the country’s natgas transition
Gov’t, CBE lay down framework for EGP 1.2 bn on-lending program for the country’s natgas transition: The Trade and Industry…
In line with consensus, Central Bank of Egypt leaves rates on hold in August meeting
CBE leaves rates on hold, in line with expectations: The Central Bank of Egypt (CBE) left interest rates unchanged for…
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