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Central bank to leave rates on hold despite Fed tightening
The Central Bank of Egypt will likely leave interest rates on hold when it meets this Thursday despite forecasts for…
CBE confirms Standard Chartered en route to Egypt
Standard Chartered gets preliminary thumbs up from CBE to enter Egypt: The Central Bank of Egypt (CBE) has given preliminary…
Another USD 2.6 bn in ITFC financing on the horizon?
Egypt to get USD 2.6 bn in financing from ITFC? The International Islamic Trade Finance Corporation (ITFC) has approved USD…
CBE grants KfW’s Green for Growth Fund tier-two debt license
German development bank KfW’s Green for Growth Fund (GGF) now has a license from the Central Bank of Egypt (CBE)…
THIS MORNING: Banks given green light to lend via mobile wallets; Pandemic vs. Endemic; US-Russia tensions rise
Good morning, wonderful people, and welcome to what’s shaping up to be a very busy news week. Let’s jump right…
Air Supply, Kima ink EGP 260 mn agreement for gas factory in Aswan complex
Air Supply and Kima ink agreement for new gas production project: Air Supply Group signed an EGP 260 mn agreement…
High rates, upcoming passive inflows bode well for Egyptian bonds
Egypt’s bond market is poised for more gains this year thanks to our attractive interest rate, which is currently the…
GMG to open 100+ branches in Egypt by 2026
UAE-based retailer GMG plans to open over 100 sports retail stores in Egypt by 2026, it said in a statement…
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