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The CBE added another USD 50 mn to the stockpile during the month
Net foreign liabilities narrow slightly in July
Banking’s foreign liabilities easing drove the deficit decline
Due diligence on United Bank hasn’t started yet, says CBE
Due diligence will begin by the end of September, central bank says
Hassan Abdalla to lead the central bank for another year
Abdalla has presided over sweeping policy changes including the EGP deval
CBE sells more than EUR 600 mn in T-bills in oversubscribed issuance
The central bank sold the bills at a 4% yield
Abu Auf to enter KSA this year? PLUS: News from the CBE, Pickalbatros
Abu Dhabi wealth fund ADQ acquired a majority stake in the Egyptian food company last year
Inflation hits new record high in July, but cools slightly month-on-month
Food prices were almost 70% higher compared with a year ago
Orascom Financial Holding wants to set up a digital bank
A number of local companies are eyeing setting up digital arms
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