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When buying a tie means saving a life

In an online campaign called Mazad Elkheir (the goodwill auction), Yacoub vowed to donate the revenues from his tie for the Magdi Yacoub Heart Foundation, which provides medical care for children with cardiac health problems

Nada Deyaa’

Egyptian pound strengthens at central bank Forex sale

Reuters – The Egyptian pound strengthened at a central bank dollar auction on Monday after hitting a six-month low last week. The central bank sold dollars at a cut-off price of EGP 6.9649, slightly stronger than the EGP 6.9651 at its last auction on Thursday. But the dollar sold on the black market for EGP  …

Daily News Egypt

Government sells $1.07bn in one-year dollar-denominated T-bills

Reuters – The Egyptian government accepted bids for $1.07bn worth of one-year dollar-denominated treasury bills at an auction on Sunday with an average yield of 2.593%, the Central Bank of Egypt said. The total bids amounted to $1.380bn. The Ministry of Finance had set the issue size at $1bn. The minimum yield was 2.54% and …

Daily News Egypt

Yields on Egyptian T-Bills inch up at auction

Reuters – Yields on Egyptian treasury bills rose at an auction on Thursday and the central bank sold all the debt it had offered. The average yield on 182-day treasury bills increased to 11.174 percent at Thursday’s auction from 11.133 percent last week, the central bank said. The yield on 357-day T-bills edged up to …

Daily News Egypt

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