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Egypt M&A activity up almost 4x to USD 1.5 bn so far this year, but still pales compared to recent high water mark in 2013
Egypt M&A activity up almost 4x to USD 1.5 bn so far this year: Some 14 transactions have seen total…
Speed Round
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Egypt unemployment ticks up to 10% in 3Q2018
Egypt’s unemployment rate rose fractionally to 10% in 3Q2018, up from 9.9% the previous quarter, according to data from state…
Egypt’s Finance Ministry sees the economy growing at a blistering 6.5% in the state’s 2019-20 fiscal year
The Finance Ministry sees the economy growing at a blistering 6.5% in the state’s 2019-20 fiscal year, up from a…
Central Bank of Egypt leaves interest rates unchanged
The central bank of Egypt (CBE) kept key interest rates on hold on Thursday, citing higher-than-expected headline inflation rates in…
Correction
CORRECTION- Lamya Youssef is the head of the studies and design sector at the Egyptian Electricity Transmission Company (EETC), not…
SME authority expects EUR 120 mn in loans and grants before year-end
The SME Development Authority expects to receive EUR 120 mn in loans and grants before year-end that will be used…
Is the Central Bank of Egypt done revising the Banking Act?
LEGISLATION WATCH- Is the CBE done preparing its revised banking act? CBE Governor Tarek Amer discussed with President Abdel Fattah…
FRA to finalize consumer credit and insurance acts in 2019
LEGISLATION WATCH- FRA to finalize consumer credit and insurance acts in 2019: Also coming from the FRA, the authority plans…
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