Tag: interest

Egypt’s stocks under pressure as possible interest rate hike looms

The CBE delayed the meeting of its monetary policy committee to 21…

Elsayed Solyman Elsayed Solyman

FEDCOC urges parliament to solve high lending interest rate issue

The implementation of social and middle-class housing units will start within a…

Hossam Mounir Hossam Mounir

CBE expected to hold steady interest rates on Thursday

The increase of interest rates will not decrease inflation because it did…

Hossam Mounir Hossam Mounir

$1.12bn offered for investment in T-bills 

CBE received 33 offers, accepted 29 worth $1.09bn, with an interest average…

Hossam Mounir Hossam Mounir

Expectations of EGX’s rebound to continue towards 13,000 points this week

Analysts in the market expect the rebound of the Egyptian stock exchange…

Mahmoud Hashem Mahmoud Hashem

Highly expected that basic interest to remain unchanged on Thursday

Current interest rates on the pound may remain unchanged for three to…

Hossam Mounir Hossam Mounir

Interest remerging in MENA banks, especially Egypt, UAE, Saudi Arabia: HSBC Global Research report

Meetings with US fund managers and investors involved wide discussions on the…

Daily News Egypt Daily News Egypt

Bright future for economy, critical for stock market, high interest rate is temporary: Prime Investment

Prime Investment bank said that floating the national currency is a great…

Hisham Salah Hisham Salah

Some banks raise interest on savings vessels after CBE decision, public banks to follow suit

Some banks operating in the local market have quickly raised the interest…

Hossam Mounir Hossam Mounir

Banks looking forward to returns on debt instruments following Egyptian pound’s flotation, raising interest by 3%

The average return on initial treasury bills increased by 3.6% and exceeded…

Hossam Mounir Hossam Mounir