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Azimut’s third Egypt-focused fund raises EGP 71 mn in initial subscription
Azimut’s new Egypt-focused equity fund AZ-Opp has raised AUM of EGP 71 mn in its initial subscription period, with Azimut…
Foreign investors still love Egyptian debt
Foreign investors’ love story with Egyptian debt continued through May: Foreign inflows into Egyptian treasury bills continued to gain steam…
EMs have every right to worry about capital outflows
Are foreign reserves enough to protect EMs from capital outflows? Not really, argues Reserve Bank of India’s former governor Duvvuri…
Middle-income homebuyers are now eligible for shorter mortgage terms
Gov’t cuts minimum mortgage terms in CBE mortgage programs: The minimum term for home mortgages under CBE-supported home lending programs…
THIS MORNING: IMF gives final sign-off on USD 1.6 bn loan tranche; no ATM, transfer fees for the rest of 2021; three-way GERD talks start today; Windows 11 announced today.
Good morning, wonderful people, and welcome to a super-busy news day to end this last full week of June. We’ve…
CBE holds interest rates for fifth consecutive meeting
The Central Bank of Egypt’s Monetary Policy Committee (MPC) left interest rates unchanged for a fifth consecutive meeting on Thursday…
Interest rate day amid swings in commodities prices
Some good news on the global commodities boom as the CBE decides interest rates: As the central bank’s Monetary Policy…
THIS MORNING: It’s interest rate day here at home + export risk guarantee outfit coming in 2 months
Good morning, friends, and a very happy THURSDAY to you all. The big news today is that it’s interest rate…
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