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AfDB to elect new president amid funding challenges
The African Development Bank (AfDB) will elect a new president this week during its annual summit in Abidjan, as…
China’s PBC offers 382b yuan off reverse repo
The People’s Bank of China (PBC) announed on Monday a 7-day 382-billion-yuan reverse repo at an interest rate of…
Egypt’s CBE issues EGP 22b T-bonds fixed coupon
The Central Bank of Egypt (CBE) on Monday will auction treasury bonds (T-Bonds) with fixed coupon worth 22 billion…
Egypt’s CBE issues EGP 7.5b FRN T-bonds
The Central Bank of Egypt (CBE) announced on Monday that it will issue new treasury bills (T-bills) worth 7.5…
Egypt’s c. bank offers EGP 75b in T-bills
The Central Bank of Egypt (CBE), in coordination with the Ministry of Finance, is offering 75 billion Egyptian…
URGENT: Egypt cuts key interest rates by 100 basis points
Egypt’s central bank slashed its key interest rates by 100 basis points on Thursday, citing easing inflationary…
EGP edges down vs USD on Thursday
The Egyptian pound (EGP) edged down against the US dollar (USD) on Thursday, May 22, 2025, according to data from…
Uganda secures $800m from IsDB
Uganda has signed Thursday a $800 million financing agreement with the Islamic Development Bank (IsDB) to fund…
Turkey keeps inflation forecast unchanged at 24%
Turkey’s central bank kept its year-end inflation forecast steady at 24 per cent on Thursday, with Governor Fatih…
Egypt’s tourism booms 25% in Q1 as Cairo gears up for Arab Summit
Egypt’s tourist arrivals jumped 25 per cent in the first quarter of 2025 year-on-year, prompting calls for more…
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