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FinMin aims to settle EGP 308 CBE debt by end of FY
Good morning, friends. We’ve got a packed issue for you — and despite some doom and gloom from the IMF,…
Central Bank of Egypt looks to renew USD 2 bn Kuwaiti deposit as regional conflict stalls FDI conversions
The maturing USD 2 bn deposit is expected to be renewed under the same existing terms
Instapay hits profitability as demand keeps up one year into 0.1% transaction fee
Instapay has also become the bridge between bank accounts and mobile network operator-run e-wallets, representing some 65% of incoming funds
CBE holds rates as regional war derails easing cycle
Growth outlook for the current fiscal year was trimmed to 4.9% as uncertainty weighs on economic activity
CBE pauses easing cycle, keeps rates steady
Good morning, friends, and happy weekend. It’s been another intense week in the press as the regional repercussions of war…
Majority of analysts see Central Bank of Egypt keeping rates on hold as wartime pressures build
Will the CBE put its easing cycle on ice tomorrow? A majority of analysts and economists polled by EnterpriseAM expect…
USD crosses EGP 50 mark as CBE lets currency absorb after war Iran outflows
Yesterday witnessed foreign outflows hitting USD 885 mn
Market flexibility faces its first post-float test as the USD nears EGP 50
The greenback edged closer to the EGP 50 mark on Monday for the first time in 10 months as geopolitical…
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