EGX Egypt bourse expects five new IPOs in few months: chief Yomna Yasser May 22, 2016 0 Egypt’s stock exchange will witness five new initial public offerings in the coming few months; the bourse’s chief…
Banks Arab Investment Bank mulls injecting $47.3mn into SME projects Yomna Yasser May 12, 2016 0 The Arab Investment Bank (AIBK) is studying pumping 420 million Egyptian pounds (US$47.3 million) in favour of…
Banks Egypt hopes to receive $2 bln deposit from UAE before May-end Yomna Yasser May 5, 2016 0 Egypt is in talks with the United Arab Emirates to receive $2 billion in a Central Bank of Egypt (CBE) deposit…
Banks Dollar shortage deters investments, central bank determined to fix it: Egypt FinMin Yomna Yasser Apr 20, 2016 0 Dollar shortage is one of the main obstacles that Egypt currently trying to overcome in order to allure more…
Banks Egypt’s net FDI hikes to $1.7 billion in Q2-FY2015/16 Yomna Yasser Apr 18, 2016 0 Egypt's net foreign direct investments (FDI) surged in the second quarter of the financial year 2015/16 to stand at…
Banks Egypt sold $500 mln in T-bills, bonds since devaluation,anticipates billions more aya salah Mar 27, 2016 0 Investments in Egyptian treasury bills and bonds increased by $500 million since the Egyptian pound was devalued…
Banks Egypt to float stakes in state-run Banque du Caire, AAIB this year: c.bank chief Yomna Yasser Mar 27, 2016 0 Egypt will float some shares of two state-run lenders on the Egyptian stock exchange this year, the central bank…
Tech news LG sees 15% rise in product prices in Egypt Ghada Ismail Mar 22, 2016 0 Egypt's LG CEO Don Cook expected the price of their products to increase by 15% Prices of LG products in Egypt are…
Banks 3 state banks raise rates on deposits after Egypt c.bank move Yomna Yasser Mar 21, 2016 0 Three state banks have raised prices on returns, in response to the Central Bank of Egypt’s (CBE) decision to raise…
Financial Institutions Fitch says Egypt pound devaluation ‘credit positive’, economic challenges remain Yomna Yasser Mar 21, 2016 0 Decisions by the Central Bank of Egypt (CBE) last week, including a devaluation of the Egyptian pound, are broadly…