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CBE lets EGP slide as Big Two state-owned banks announce 25% CDs
The Central Bank of Egypt made a big move on the FX front yesterday, allowing the EGP to slide against…
FRA tightens controls on follow-on lending to SMEs
DEBT- State-owned Assiut National Oil Processing Company (ANOPC) secured a USD 2.9 bn loan to finance its new hydrocracking complex,…
Last Night’s Talk Shows: Getting imports flowing again
Imports led the inaugural talk shows of 2023, after Prime Minister Moustafa Madbouly held a presser at the weekend (watch,…
Importers can now turn the page on L/Cs
Moves on import curbs + privatization: Egyptian authorities removed import restrictions and approved the state ownership policy document on Thursday,…
Last Night’s Talk Shows: Banks to secure FX to clear import backlog within 4 days, says El Sisi
It was another econ-heavy night on the airwaves, this time centered on President Abdel Fattah El Sisi’s speech during a…
THIS MORNING: Central bank announces exemptions for FX withdrawal limits
Good morning, good people: We’re continuing our 2022 rewind today, looking back at the year in M&A, investment and capital…
THIS EVENING: El Sisi signals banks will secure FX for L/Cs before the year is out + Welcome to the Christmas slowdown
Happy Monday, ladies and gents. We’re in that final stretch before we wave goodbye to the new year — and…
It’s been a helluva year for global debt markets
It has been a tumultuous year in the global debt markets as central banks around the world have aggressively raised…
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