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Signals that foreign appetite for EGP T-bill might have peaked?
Foreign holdings of Egyptian T-bills fell for the first time since the EGP was floated in November 2016 as maturing…
Speed Round
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Egypt signs USD 3.2 bn expansion of last year’s repo transaction with global banks
Egypt signs USD 3.2 bn expansion of financing agreement with global banks: Egypt has signed an expanded financing agreement with…
Gov’t will only approve gas imports from Israel after disputes are resolved -El Molla
The government will not issue permits to companies to import natural gas from Israel until the arbitration cases between Egypt…
GE at risk of being removed from the DJI
Mainstay General Electric is in danger of being booted from the Dow Jones Industrial Average as its share price continues…
Lebanon’s PM gives awkward interview from Riyadh
Meanwhile, former (and to some still the incumbent) Prime Minister of Lebanon Saad Al Hariri declared that he was not…
Egypt’s banks begin freezing loans to Saudi companies caught up in purge
So much for the Saudi purge not impacting business in Egypt: Egypt’s banks have reportedly begun freezing transactions on accounts…
Industry rejoices as Parliament looks to reprice gas, cut real estate taxes to factories
Industry rejoices as Parliament looks to reprice gas, cut real estate taxes for factories: The House of Representatives’ Industry Committee…
Malinne Blomberg replaces Leila Mokaddem as AfDB’s Egypt Country Manager
MOVES- The African Development Bank appointed Malinne Blomberg as the bank’s new Egypt Country Manager, Al Ahram reports. Blomberg, who…
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