Egypt’s social spending strives to curb negative effects of reforms
Subsidies FY 2015/16 (billions of EGP) FY 2016/17 (billions of EGP) FY…
Egypt main source of 2017 Middle East investments in France: Business France
300 Middle Eastern companies operated in France in 2017, employing over 24,000
MNHD targets merger with or acquisition of SODIC
New entity’s aggregate contracted sales will likely cross EGP 14bn mark, says…
Egypt targets 26% subsidy cuts for petroleum products, 47% for electricity
The Egyptian government aims to cut petroleum subsidies by about 26%, and…
Egypt’s annual inflation slows to 13.3% in March, marking lowest level since 2016
Beltone Financial forecasts another 100-basis point interest rate cut on May
Egypt successfully raises €2bn in eurobond issuance, closes 3.8 times oversubscribed
Egypt successfully closed a €2bn eurobond issuance, the country’s first public bond…
Trump will regret nuclear deal pullout: Rouhani
Iranian President Hassan Rouhani announced that the American President Donald Trump would…
Momentum in NUCA’s auctions to continue: Beltone Research
HDB stands as key beneficiary on continued flow of low-cost deposits
Relative stability in Egypt’s net international reserves at $42.6bn in March: Beltone
Egypt’s net international reserves continued their relatively stable status, increasing slightly by…
Average of 30-40 bps cut in banks’ net interest margin expected following CBE cuts: Beltone
Lengthening durations of assets while shortening those of liabilities are key defense…