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Logistics (MENA) 
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…
Chevron to start drilling a new gas well soon. PLUS: News from NBE, Raya IT
The project is part of a broader plan to develop gas reserves in the Narges field
Banks roll out high interest rate CDs, ease currency controls on credit cards
The parallel market is “on its way to disappearing completely,” Banque Misr Chairman Mohamed El Etreby said
Savers pour EGP 565 bn into high-yield CDs. PLUS: News from EFG Hermes, Flat6Labs, Azimut, EgyptAir
NBE has racked up some EGP 365 bn, while Banque Misr has attracted EGP 200 bn
Banks impose minimum interest rate of 24% on secured loans
The new minimum came into effect on Monday following instructions from the CBE
THIS MORNING: More on the regional realignment
The EGX joins everyone else in the six-day weekend for Eid
THIS MORNING: Yet more high-yield CDs + Egyptian gov’t to offer Nile view real estate to investors
PLUS: It’s inflation day
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