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Banks
MSMEDA, Banque du Caire sign EGP500m microfinance contracts
MSMEDA CEO Basil Rahmy said the agreements align with directives from the political leadership to expand…
EGP nudges down vs USD in early Wed. trading
The Egyptian pound (EGP) nudged down against the US dollar (USD) during early trading on Wednesday, August 13,…
China’s c. bank issues 118.5b yuan off reverse repo
The People’s Bank of China (PBC) announced on Wednesday, 13 August 2025, a 7-day 118.5-billion-yuan reverse repo at…
Egypt offers to help fund Uganda-Kenya Angololo Dam Project
Egypt is ready to help finance the Angololo Multipurpose Dam Project between Uganda and Kenya through a $100…
Australia cuts cash rate as inflation eases
The Reserve Bank of Australia (RBA) lowered its cash rate target by 25 basis points to 3.60 per cent at its meeting…
China’s PBC issues 114.6b yuan off reverse repo
The People’s Bank of China (PBC) announced on Tuesday, 12 August 2025, a 7-day 114.6-billion-yuan reverse repo at…
Egypt offers debt relief plan for ceramic makers
Egypt’s Industry Minister Kamel El-Wazir on Monday offered a debt restructuring plan for the local ceramics sector,…
Egypt plans customs overhaul to support local automotive glass, steel makers
Egypt’s Minister of Industry and Transport, Kamel El-Wazir has ordered an urgent review of customs procedures after…
Egyptian Soda Ash secures $490m for New Alamein plant
Egypt signed a $490 million framework agreement to finance a soda ash production plant in New Alamein, a project…
Egypt’s PM reviews fuel supply security, foreign partners’ dues
Egyptian Prime Minister Moustafa Madbouly met Sunday with Central Bank of Egypt (CBE) Governor Hassan Abdalla and…