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Financial stability index climbs in the first quarter of 2025
A stronger banking sector and more resilient capital markets contributed to the improvement in financial stability
Net foreign assets post a strong recovery in September, hitting USD 20.8 bn
Commercial banks saw their net foreign assets’ surplus hit USD 9.8 bn
Four Gulf banks eye Egypt’s EGP 3 bn inaugural local sukuk issuance
Good afternoon, friends. We hope you’re enjoying your first day back to a fresh new workweek. The news cycle seems…
Fitch affirms CIB’s long-term issuer default rating
PLUS- Efforts to up production at Zohr have been boosted with a new 70 mcf/d well
CBE reportedly fines FAB Misr and other banks over loan violations
If confirmed, FABMisr’s EGP 1 bn fine would be the largest ever imposed on a bank in Egypt
CBE reportedly fines FABMisr and other banks over loan violations
Good afternoon, friends, and welcome to the homestretch. It’s a calm day in the press, with few but impactful headlines…
Nahdet Misr to set up USD 100 mn waste-to-energy plant?
PLUS- Evolve Investment Holding plans to launch four to five new gold investment funds in Egypt
HSBC says it’s here to stay for corporate clients as it reviews the fate of its retail business
HSBC Group’s review of its retail bank in Egypt comes as it looks to “simplify” globally, but it’s business as…
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