Egypt’s new Central Bank Governor has 3 important files to address
CBE has to develop monetary policies, provide various sources of foreign exchange,…
EGX rally following CBE’s governor resignation
The Egyptian Exchange (EGX) reacted positively to the resignation of the Governor…
Mercedes-Benz Egypt on track to open logistics hub in Suez Canal Economic Zone
In September 2021,Mercedes-Benz Egypt signed a contract with the Suez Canal Economic…
Turkey, Israel announce resumption of relations, re-exchange of ambassadors
“After a telephone call between Prime Minister Lapid and Turkish President Recep…
Korean Embassy invites first Egyptian basketball player playing for a Korean professional team
The first Egyptian player to set foot on Korean basketball arenas will…
FRA approves issuance of securitisation bonds for EFG-Hermes, ValU
It also approved EFG-Hermes’ second securitisation programme — which is worth EGP…
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,…
Hassan Abdalla named Acting Governor of Central Bank of Egypt
Al-Sisi meets Abdalla, stresses need to develop monetary policy in line with…
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
