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World Bank pumped $700 million into Egypt SMEs in 2 years – minister
The World Bank secured $700 million in support of the small-sized projects in Egypt over the past two years, said…
NBE, Banque Misr, CIB complete lease-backed securitization
Egypt’s largest banks, National Bank of Egypt (NBE), Banque Misr, and Commercial International Bank (CIB) have…
Central Bank of Egypt to issue treasury bonds worth 850 mln pounds today
Egypt’s central bank is set to issue Monday, on behalf of Ministry of Finance, treasury bonds totalling 850 million…
China’s central bank ‘playing dangerous game’ to defend yuan
China's central bank is playing a dangerous game using the country's foreign reserves to prop up the yuan because…
Fitch: China’s stimulus measures boost economic growth
China's stimulus programmes have boosted economic growth, but they're also creating stability risks, Fitch stated…
Egypt inflation seen slowdown in April – planning minister
Egypt’s inflation rate is expected to start slowdown in the fourth quarter of the current financial year, Minister…
Egyptian Life Takaful-GIG signs health insurance deals with ADIB, 9 clients
Egyptian Life Takaful Company – GIG says it has signed medical insurance cover agreements with 10 new clients,…
Egypt’s Pharos Holding eyes new equity fund launch
Cairo-based investment bank Pharos Holding is planning to launch a new equity fund within the next few months,…
CBE to issue t-bonds, t-bills worth 11.85 billion Egyptian pounds in two days
Egypt’s central bank will issue Sunday and Monday treasury bills and treasury bonds totalling 11.85 billion…
Venezuela 2016 inflation skyrockets 800%, GDP falls 19%
Venezuelan consumer prices skyrocketed 800 percent in 2016 while the economy contracted by 18.6 percent, according…