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FinMin to allocate EGP 10 bn to startups and entrepreneurs in 2026
Good afternoon, friends. Congratulations on another workweek done and dusted. THE BIG STORY TODAY- ?2026 set to bring good news…
Kuwait renews USD 2 bn deposit with the Central Bank of Egypt
Good morning, folks. We have a packed issue for you this morning to close out the week, led by two…
Net foreign assets continue to rise in October, reaching USD 22.7 bn
Commercial banks saw their net foreign assets’ surplus expanding to USD 10.9 bn in October, from USD 9.8 bn a…
CBE leaves interest rates unchanged following October uptick in inflation
The committee said the decision reflects its assessment of the latest inflation developments and outlook since its last meeting
CBE to digitize financial identity
The CBE recently launched its Haweya platform, the first integrated national digital financial identity platform
Analysts split on interest rates ahead of CBE meeting
Four out of the 11 analysts we surveyed expect a 50-100 bps rate cut,
Foreign reserves increase to USD 50.1 bn in October
PLUS- Arabia Developments and Elsewedy Industrial Development will set up a 2 mn square meter industrial zone in Sixth of…
Financial stability index climbs in the first quarter of 2025
A stronger banking sector and more resilient capital markets contributed to the improvement in financial stability
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