Egypt Central Bank Keeps Rates on Hold Amid Sluggish Growth
Egypt's Central Bank (CBE) kept its interest rates on hold as expected on Thursday, as the government strives to…
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Hermes reiterates Credit Agricole Egypt Buy rating, FV at EGP14.8/share
EFG-Hermes reiterated, in a recent study, Credit Agricole Egypt (CIEB.CA) Buy rating, with FV of EGP 14.8/share (up…
Egypt’s Export Development Bank Soars to 31-Month High Amid Active Trading
Export Development Bank of Egypt - EDBE (EXPA.CA on the Egyptian Exchange)’s stock has climbed above the EGP 7.7…
5 Banks to Meet Today to Discuss AFGRE’s Cairo Festival City Loan
In a new recent development regarding Al-Futtaim Group Real Estate (AFGRE)'s EGP 2 billion loan – the 5 loan…
BOJ Maintains Stimulus, Eyes Slight Upgrade in GDP Forecast
The Bank of Japan maintained its massive stimulus program at a policy review on Thursday, and later in the day…
BNP Third-Quarter Profit Rises on Lower Provisions for Bad Debt
BNP Paribas SA (BNP), France’s largest bank, unexpectedly posted an increase in third-quarter profit as it set…
CBE: UAE Investments in Egypt Record Strongest Growth In Q2
Investments owned by United Arab Emirates (UAE) in Egypt have topped foreign and Arab investments in the North…
Egypt Expected to Keep Rates Steady As Inflation Picks up
Egypt's central bank is likely to keep interest rates on hold at a meeting on Thursday, a Reuters survey shows, so…
World Bank: Egypt Falls to 128th Rank for Ease of Doing Business
Egypt has fallen to the 128th position worldwide when ranked by the ease of doing business in the country, vs.…
EALB Sets to Pump EGP150 mln in KIMA, Ethylene’s Loans
The Egyptian Arab Land Bank (EALB) has allocated EGP 150 million, seeking to pump certain portions in the Egyptian…