Browsing Category
Banks
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…
Egypt’s National Investment Bank denies plans to exit Misr Cement Qena
Egypt’s state-owned National Investment Bank (NIB) denied media reports on Thursday that it plans to divest its…
Egypt’s PM: Hard currency inflows cover demand, no backlog
Egypt’s domestic hard currency resources have been sufficient over the past two months, particularly last month, to…
Egypt’s PM: IMF mission in Cairo for 5th review
An International Monetary Fund (IMF) mission is currently in Egypt for the fifth review of the country's economic…
China’s c. bank issues 154.5b yuan off reverse repo
The People’s Bank of China (PBC) announed on Thursday a 7-day 154.5-billion-yuan reverse repo at an interest rate…
AfDB 2023