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Net foreign assets record their first surplus in over two years

Net foreign assets record their first surplus in over two years

Egypt’s net foreign asset position turned to a surplus on the back of FX inflows from the Ras El Hekma…

Central bank switches around rules for hiring auditors and accountants. PLUS: News from Misr Ins. Holding and MM Group

Central bank switches around rules for hiring auditors and accountants. PLUS: News from Misr Ins. Holding and MM Group

Firms have 12 months to comply with the new rules.

Foreign reserves soar to all-time high following Ras El Hekma funds

Foreign reserves soar to all-time high following Ras El Hekma funds

FX reserves hit USD 46.1 bn at the end of May

A look at Standard Chartered’s crystal ball

A look at Standard Chartered’s crystal ball

The bank expects the central bank to start cutting rates in 3Q 2024

Egypt’s net foreign asset deficit continues to narrow in April for third consecutive month

Egypt’s net foreign asset deficit continues to narrow in April for third consecutive month

The net foreign asset deficit has narrowed 87% since reaching an all-time high of USD 29.0 bn in January

CBE leaves interest rates unchanged in line with expectations

CBE leaves interest rates unchanged in line with expectations

The MPC cited a slowdown in growth rates and cooling inflation

Central bank leaves interest rates on hold

Central bank leaves interest rates on hold

Good morning, wonderful people. And happy Friday. Get ready to enjoy a sunny weekend as we charge headfirst into summer.…

The CBE is meeting today — analysts expect rates to remain unchanged

The CBE is meeting today — analysts expect rates to remain unchanged

Good morning, ladies and gentlemen. We are closing out this extremely hot week on a high note, with an IMF…

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