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EBRD sets aside EUR 1 bn for Egypt in 2021
The European Bank for Reconstruction and Development (EBRD) has earmarked a combined EUR 1 bn in financing and investment for…
CDC plans USD 1 bn investments for Africa, including Egypt
CDC Group is earmarking some USD 1 bn for infrastructure and finance investments in Africa in 2021, with a particular…
EFG was busy last year
EFG Hermes topped brokerage league tables in Egypt, Dubai, Kenya and Kuwait in 2020, according to a press release (pdf).…
Meet our green(er) future
The Central Bank of Egypt (CBE) has launched a multi-bn EGP program to encourage car owners to outfit their vehicles…
Covid may have sparked a fintech revolution
2020 was the year e-payments went mainstream: Central bank data from around the world has shown the pandemic has coincided…
Why banks in Egypt remain profitable: Chapter XXII
Profits in the banking sector have grown this year despite an acceleration of the central bank’s easing cycle, a survey…
FinMin is hedging like it never hedged before
Egypt has nearly doubled its oil hedging contracts so far this fiscal year, as the government looks to lock in…
Egyptian debt to be “Euroclearable” around 4Q2021 -Maait
Egyptian debt is expected to be “Euroclearable” sometime between September and November next year, Finance Minister Mohamed Maait tells Bloomberg…
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