CBE’s acting governor asserts full cooperation with government in common files
This came during a Thursday meeting with Egypt's Prime Minister Mostafa Madbouly, a few hours after Abdalla was assigned by President Abdel Fattah Al-Sisi to assume this position.
Hassan Abdalla named Acting Governor of Central Bank of Egypt
Al-Sisi meets Abdalla, stresses need to develop monetary policy in line with current global conditions
CBE to discuss raising key interest rates on Thursday
Market expectations vary regarding the upcoming decision of the MPC
Anticipation prevails across money market; all await decision on interest rates
EGX30 is expected to rebound to 10,200 points
Federation of Industries confirms need for new monetary policies to promote industrial investment
Manufacturers demand opening documentary credits for imports in banks
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For the first time in US history, a large force of the FBI stormed one of the private residences of former president Donald Trump at his home in Mar-a-Lago resort…
Opinion| Unifying the Libyan army
Iraq, which was occupied in 2003 for allegedly possessing weapons of mass destruction, did not fall until after the decision of American military governor Paul Bremer to dissolve the Iraqi…
35.8% decrease in Egypt’s trade deficit in May 2022
The trade deficit reached $2.61bn during May 2022, versus $4.06bn in May 2021, a decrease of 35.8%.
EFG Hermes reports 28% revenue growth y-o-y to EGP 2.1bn in 2Q 2022
It translated into a Group net profit before tax of EGP 623m, up by 8% y-o-y in 2Q 2022 and reflects the resilient performance of EFG Hermes’ core operations.
Adoption of new rules for corporate bond settlement is step towards activating secondary market
Step contributes to reducing time for settlement of corporate bond transactions: Rashid