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Geely and Abou Ghaly make it official
Geely and Abou Ghaly make it official: Chinese carmaker Geely Auto has inked a strategic partnership agreement with local agent…
THIS MORNING: it’s interest rate day; The semi-finals of the CIB Egyptian Squash Open take place today; Egypt-Libya committee meeting today.
Well, ladies and gentlemen: We have the meatiest workaday issue that we can remember to close out the week. Before…
TONIGHT: August inflation figures up slightly. + Dates set for exporters to receive subsidy arrears. ALSO: Egypt officially a member state of Africa Finance Corporation.
Are we the only ones who feel as if the whole country woke up this week and tried to cram…
Can Egypt weather a taper tantrum 2.0?
Egypt’s world-beating real interest rate will help it weather an uptick in global rates, but the country faces some risk…
THIS MORNING: It’s PMI day; EgyptAir flights to Kuwait return today; Enterprise Bupa poll lands tomorrow
Good morning, wonderful people, and welcome to the first full week of September. How is it already the fifth of…
CBE OKs acquisition of 76% of AIB by EFG and SFE
CBE gives final thumbs up to Arab Investment Bank acquisition: EFG Hermes and the Sovereign Fund of Egypt (SFE) have…
New regs aim to make mobile, card payments easier
The Central Bank of Egypt has issued regulations (pdf) for the new interoperability system designed to boost financial inclusion and…
Credit Suisse singing our praises, but warns of a fourth wave
Credit Suisse seems optimistic about our post-covid recovery, as the economy shows signs of real growth, t-bills remaining attractive and…
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