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Banks compete for deposits as CBE holds rates steady
Analysts are split on whether Egypt’s deposit race signals stress or strategy
Are one-year certificates gone for good? Not yet
Banks are less willing to lock in high one-year deposit costs as further CBE cuts loom, after leaning on exceptional…
Smart & Value is the first NBFI company to land on the FRA’s list of violators
Good morning, everyone. We have three stories today that are each, in their own way, about what Egypt’s assets are…
Orascom Pyramids plans to raise Giza Plateau investment to EGP 2 bn
Plus: Korra Energi lands EGP 470.7 mn contract for GennVax’s Ain Sokhna vaccine plant
Gov’t targets 100% exports with new service freezones
Good morning, friends. We have a (quietly) important regulatory story leading the issue today. The CBE tightened oversight of how…
Andalusia Health gets a booster shot from Banque Misr
Plus: PickAlbatros revealed as buyer of EGP 3.8 bn Sahl Hasheesh asset
Oil Ministry quintuples LNG allocations to heavy industry
Good morning, wonderful people. We’re starting the day with fresh momentum in our green economy. Qatar’s Green Sky Capital just…
The National Bank of Egypt and Banque Misr just hiked rates on CDs — moves that could see the EGP gain against the USD
NBE and BM both hiked rates on CDs by 125 bps
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