Real Estate Investment Fund 1 signed a deal to purchase commercial real estate assets from Talaat Moustafa Group in Al-Rehab City and Madinaty.
22.12.2022 Daily News Egypt
The median forecast in a poll of 12 analysts is for the bank to raise its deposit rate to 15.25% and its lending rate to 16.25%.
22.12.2022 Reuters
The bank noted that the loan would promote diversification and enhancement of the company’s value chain by adding new suppliers from private sector.
21.12.2022 Zawya
The Egyptian government filed for the new IMF loan in March to address the severe impacts of the Russian-Ukrainian war on the country’s economy.
21.12.2022 Ahram Online
A heavily managed exchange rate has not served Egypt well. It has led to periods of building imbalances.
20.12.2022 Egypt Independent
CBE is not responsible for backing such initiatives, but it is a must that the government offers backing to such sector.
20.12.2022 Egypt Today
The bank's net income from returns grew by 19% annually in Q3-22.
19.12.2022 Zawya
The $620 billion sovereign wealth fund would carry out the transaction through the Saudi Egyptian Investment Company (SEIC).
19.12.2022 Zawya
The Banker, an international financial publication, has awarded Ahli United Bank – Egypt as “Bank of the Year for Egypt in 2022” in London.
19.12.2022 Egypt Independent
The approval on Friday by the IMF executive board will enable an immediate disbursement of about $347 million.
18.12.2022 Bloomberg Business
