Foreign investments in Egypt debt reach $17.6bn since pound float
Foreigners have invested a total of $17.6 billion in Egyptian debt instruments since the central bank of Egypt…
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Financial Institutions
Egypt’s Acumen seeks AUM to double by year-end
Egypt-based investment bank, Acumen Holding says it plans to double its assets under management to 2.2 billion…
Moody’s says Qatar crisis a negative for all countries involved
Rating agency Moody's said in a report on Wednesday that the three-month-old diplomatic dispute between Qatar and…
AFI’s Hannig: Egypt successfully organised financial inclusion global conference
Egypt has successfully organised the international conference on financial inclusion, being the largest one of its…
Alliance for Financial Inclusion launches its Africa regional office
The Alliance for Financial Inclusion (AFI) launched Friday its regional office in Africa during its 9th AFI Global…
Egypt’s SME tax law to be finalised before year-end: minister
Egypt’s Finance Minister Amr el-Garhy said Friday his ministry seeks to finalise the unified law for tax measures…
Egypt weighs debut selling 1.5 billion euro-dominated bonds
Egyptian policy makers are weighing plans to raise 1.5 billion euros from the country’s first sale of…
Bank of England says ready to act on Brexit banking risks
Bank of England is taking a close look at financial institutions’ plans to handle Britain’s departure from the…
AFI nominates Egypt for women committee vice president
Egypt is nominated as the vice president of the Alliance for Financial Inclusion's (AFI) women committee, said…
Moody’s says U.S. can forget about Triple-A rating if it violates debt ceiling
The U.S. will lose its Triple-A rating if it violates the debt ceiling, even if it quickly acts to meet its…