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Foreign holdings of Egyptian t-bills continue rising in July
Foreign holdings of Egyptian t-bills continued to rebound for the second consecutive month in July, rising to USD 10.8 bn…
Against expectations, Central Bank of Egypt cuts interest rates by 50 bps
Central Bank of Egypt surprises with first rate cut since March: The Central Bank of Egypt (CBE) cut interest rates…
Egypt’s CIB taps JP Morgan’s Jay-Michael Baslow as non-exec board member
MOVES- CIB has asked Jay-Michael Baslow (LinkedIn) to join its board of directors as a non-executive, independent member, the banksaid.…
Regional leaders are starting to feel the pressure as stranded oil tanker in Yemen poses threat to the Red Sea
A stranded oil tanker off the coast of Yemen poses an existential threat to the Red Sea: An environmental catastrophe…
Three new accounting standards postponed until 2021
New accounting standards pushed to next year: The introduction ofthree EgyptianAccounting Standards (EAS) to bring parts of the EAS in…
Private sector role in universal health coverage to be clarified in legislative amendments
LEGISLATION WATCH- The private sector’s role in the new universal healthcare system will be clarified in a new bill: The…
TMG sukuk to be listed on EGX on Sunday
TMG sukuk to be listed on EGX on Sunday: Talaat Moustafa Group’s EGP 2 bn sukuk issuance will be listed…
A blockbuster gold discovery may have killed Sawiris’ chances of nabbing Shalateen Mining
A blockbuster gold discovery may have killed Sawiris’ chances of acquiring Shalateen Mining: Naguib Sawiris’ interest in a majority stake…
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