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EGP surges to new three-year highs against the greenback
CURRENCY WATCH- EGP surges to new three-year highs against the greenback: The EGP rallied yesterday to its highest value against…
What we’re tracking on 2 February 2020
The business community is mourning Khaled Bichara, who tragically passed away on Friday in a car accident on the Ring…
What we’re tracking on 13 January 2020
The holiday news lull (such as it was this year) is officially over, as we have a packed issue for…
Egypt’s foreign reserves up in December, foreign holdings of Egyptian treasuries up in November
Egypt’s foreign reserves increased marginally to USD 45.42 bn at the end of December, compared to around USD 45.354 bn…
Returns on Egyptian gov’t bonds to remain “robust” -Credit Suisse
Returns on Egyptian gov’t bonds to dip but remain “robust” -Credit Suisse: Egyptian government bonds will pay lower returns to…
Egypt’s pound rallies to near three-year high, breaking EGP 16 / USD 1 barrier
EGP rallies to near three-year high: The EGP rose to its highest level since February 2017 against the USD, breaking…
Central Bank of Egypt sells USD 1 bn of 1-year t-bills
The Central Bank of Egypt (CBE) sold yesterday USD 1 bn in 1-year USD-denominated t-bills,official CBE data shows. The bills…
What we’re tracking on 8 December 2019
The House of Representatives is back from recess today, and the big question isn’t what’s next on the legislative agenda,…
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