Egypt’s annual inflation rises to 36% in Feb
Egypt saw a surge in its annual headline inflation to 36 per cent in February up from 31.2 per cent in January, as…
Egypt’s central bank auctions EGP 50b treasury bills
The Central Bank of Egypt (CBE) is auctioning treasury bills worth EGP 50 billion for 91 and 273 days, in…
Aramco raises dividend to $31b despite lower oil prices
Aramco raised its dividend payment to investors and the Saudi government, totalling $31.07 billion in the fourth…
India reaches $100b deal with EFTA after 15 yrs
India and the European Free Trade Association (EFTA), comprising Switzerland, Norway, Iceland, and Liechtenstein,…
S&P optimistic about recent surge in financial support Egypt receives
S&P Global Ratings has expressed optimism due to the recent surge in financial support Egypt has received over…
Moody’s revises Egypt’s outlook to positive, affirms rating at CAA1
Moody's has revised Egypt's outlook to positive and affirmed its rating at CAA1, Reuters reported on Thursday.
Egypt’s NBE raises intl. credit card limits
The National Bank of Egypt (NBE) has increased the limits of cash withdrawals and purchases on credit card…
Egypt’s banks raise credit card limits for intl. use
Several Egyptian banks have adjusted their credit card withdrawal and purchase limits for international…
IMF-Egypt deal may catalyse $20b in foreign funds – FinMin
The new International Monetary Fund (IMF) deal is expected to catalyse a total of $20 billion in foreign support…
Middle East markets close mixed, EGX surges on March 7
Gulf stock markets reacted mixed to U.S. Federal Reserve Chair Jerome Powell's remarks on monetary policy.
