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The Egyptian government will be issuing its first Japanese Yen-denominated bonds to raise an equivalent of nearly $500 million, Bloomberg cited the Ministry of Finance’s Head of Debt Management Unit,…
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The National Bank of Egypt (NBE) and Banque Misr registered over EGP 13 billion on the first day of issuing saving certificates at an annual interest rate of 18%, according to media reports.
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The Central Bank of Egypt (CBE) has offered treasury bonds (T-bonds) at an aggregated value of EGP 3 billion over three issues on Monday, 21 March.
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The National Bank of Egypt (NBE) and Banque Misr will issue a one-year saving certificate at an annual interest rate of 18%, according to recent media reports
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The US dollar exchange rate has increased against the Egyptian pound to EGP 17.4 for buying and EGP 17.5 for selling at the National Bank of Egypt (NBE) and Banque Misr.
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First Abu Dhabi Bank (FAB) is in advanced talks with GB Auto to acquire 100% of its leasing arm GB Lease,  according to Al Shorouk reported Saturday citing sources familiar with the discussions.
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The Finance Ministry has revised downwards its fiscal targets for FY 2022-2023 as rising commodities prices put pressure on public finances, according to figures published in an Ittihadiya statement
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The Egyptian Ministry of Transport signed two memoranda of understanding with the Abu Dhabi Ports Group to manage and operate multi-purpose terminals in Egyptian sea and river ports.
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Banque Misr, the National Bank of Egypt (NBE), and Banque du Caire have launched “Nclude” fintech fund in partnership with Global Ventures, after obtaining the approval of the Central Bank of Egypt…
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In its special meeting today, the Monetary Policy Committee (MPC) decided to raise the overnight deposit rate, the overnight lending rate and the rate of the main operation by 100 basis points to 9.25…
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