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Egypt will be offering $975 mln one year US-dominated T-bills on Wednesday
Egypt is set to offer one-year term US-dominated treasury bills (T-bills) on Wednesday with a total amount of $975…
MSMEDA finances conversion of 9,500 cars to run on natural gas in Q1-21
The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) financed the conversion of 9,500 cars to run on…
Egypt’s CBE to review key interest rates on Wednesday
The Central Bank of Egypt (CBE) will be reviewing the key interest rates as The Monetary Policy Committee (MPC) is…
Orascom Construction adds $650m to its projects portfolio in Q1-21
Orascom Construction has added $650 million new contracts to its backlog during the first quarter (Q1) of 2021, up…
Egypt constructs EGP 190bn water, sanitation projects since 2014
Egypt is currently establishing 571 water and sanitation projects at a total cost of 63.3 billion Egyptian pounds,…
HC expects CBE to keep interest rates on hold
HC Securities & Investment expects the Central bank of Egypt (CBE) to keep interest rates unchanged at its…
IMF says Egypt second largest Arab economy in 2020, worth $361.8 bln
Egypt is the second largest economy in the Arab region in 2020 with a total amount of $361.8 billion, following…
Fresh investments, cooperation in Egypt’s development projects are coming from EBRD
European Bank for Reconstruction and Development (EBRD) will continue supporting the government’s Egypt Vision 203…
FAB begins share transfer in Bank Audi’s Egypt subsidiary acquisition
First Abu Dhabi Bank (FAB) has begun the share transfer process in its acquisition of 100 percent of Bank Audi's…
CBE increases withdrawal, transfer limits from mobile wallets
The Central Bank of Egypt (CBE) has released new regulations allowing mobile wallet users to borrow, withdraw, and…