URGENT: Egypt c.bank plans United Bank stake IPO
The Central Bank of Egypt (CBE) announced on Sunday its intention to offer a stake of United Bank’s shares on the…
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United Bank
EGP gains slight ground against USD on Monday
The Egyptian Pound (EGP) experienced a slight appreciation against the US Dollar (USD) at the opening of trading on…
EGP nudges up against USD in early Tuesday trade
The Egyptian Pound (EGP) increased against the US Dollar (USD) at the start of trading on Tuesday, July 23, 2024.
EGP down against USD in early Thursday trade
The Egyptian Pound (EGP) depreciated against the US Dollar (USD) as trading began on Thursday, June 27, 2024.
Egypt-UAE currency swap deal leads to better use of hard currency: United Bank CEO
Egypt’s recent $1.4 billion currency swap agreement with the UAE will help reduce demand for the dollar and…
Egypt to sell state stakes in 3 firms in Q4, 3 more in Q1-2024
Egypt plans to offer shares in three of its state-owned companies on the stock exchange (EGX) in the fourth quarter…
Crédit Agricole Egypt denies talk of due diligence on United Bank
Crédit Agricole Egypt denied a report on Monday it was undertaking due diligence on the potential acquisition of…
BREAKING: Egypt’s central bank picks Barclays for United Bank sale
Egypt’s central bank has announced on Wednesday that it had picked Barclays Bank as its international financial…
FACTBOX: 32 firms under Egypt state share sale programme
Egypt has announced on Wednesday its share sale programme, which will involve selling stakes in 32 state-owned…
Egypt’s pound surpasses EGP 27 level against dollar at closing
Egypt’s pound currency fell to surpass the EGP 27 level against the U.S. dollar during the closing trade at banks…
