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What we’re tracking on 29 November 2018
It’s a big news morning on this last business day of November, and we’re set to start December on a…
Did Mark Mobius just tell investors to ditch Saudi and go to Egypt?
Did Mark Mobius just tell investors to ditch Saudi for Egypt? The Khashoggi murder has really put off foreign investors…
Egypt sells EGP 1.25 bn worth of T-bonds
The central bank sold EGP 1.25 bn-worth of treasury bonds on Monday, Finance Ministry data shows. Yields on the three-year…
EFG Hermes aims to have non-bank financial services deliver 50% of profits by 2021
EFG Hermes aims to have non-bank financial services deliver 50% of profits by 2021: EFG Hermes aims for non-banking financial…
Gov’t to launch debit card Meeza in 2Q2019
The government aims to launch its “Meeza” debit card in 2Q2019, beginning with subsidy payments, CIT Minister Amr Talaat told…
CBE to provide mobile lending services in 1H2019
Central bank to allow mobile lending in 1H2019 –report: The CBE allow mobile lending as early as 1H2019 as part…
FinMin settles 65 tax disputes with QNB, EGP 100 mn repaid
The Finance Ministry has settled 65 tax disputes with QNB Al Ahli worth EGP 100 mn, which the bank has…
EFG Hermes Leasing planning EGP 300 mn securitized bond issuance this week
EFG Hermes Leasing is planning to make a EGP 300 mn securitized bond issuance “in the coming days,” EFG Hermes…
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