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Egypt’s domestic liquidity rises to EGP4.140 TR by January end
Egypt's domestic liquidity increased by 276.8 billion Egyptian pounds to register 4.140 trillion pounds at an…
New Arab payments platform “Beni” will include Egyptian Pound
The Arab Monetary Fund announced the Egyptian pound will be included as a settlement currency used in the "Beni"…
Egypt’s stock exchange climbs 3% buoyed by coronavirus stimulus plan
Egypt’s stock exchange (EGX) closed higher on Monday triggered by stimulus announcement announced by President…
Egyptian parliament delays sessions till April 12 over coronavirus
The Egyptian parliament decided on Monday to postponed holding any further sessions until April, 12 to help curb…
Egypt’s central bank tells banks to slash interest on dollar deposits
Egypt’s central bank has told commercial banks to cut interest on dollar deposits to 1 percent above the London…
Coronavirus outbreak drives Egypt to delay state IPO plan
Egypt will postpone its planned government initial public offering programme, which includes dozens of state-owned…
NBE, Banque Misr newly launched high yield certificates attract EGP6.2bln
The National Bank of Egypt (NBE) and Banque Misr newly launched saving certificates with 15 percent annual yields…
Arab Contractors halts works on Cairo Metro line 3 for a week due to coronavirus
Egypt’s Arab Contractors (AC) announced on Monday it would suspend works on the fourth phase of Cairo Metro line 3…
EFG Hermes concludes Saudi Sulaiman Al Habib Group’s $700 mln IPO
Egyptian investment bank, EFG Hermes announced on Monday it had completed advisory on Sulaiman Al Habib Group’s…
Egypt’s stock exchange jumps most globally on coronavirus stimulus
Egypt’s stock exchange (EGX) soared on Monday triggered by President Abdel Fattah al-Sisi’s bourse stimulus…