Egypt takes a major step towards aiding the increase of foreign exchange flows with deals worth $2.5 billion in its IPO program.
23.10.2023 EgyptToday
Prime Minister Mostafa Madbouly reviews Egypt's structural reforms and IPO program, as they play a key role in the government's development strategy, affecting industry, agriculture, and communication technology sectors.
23.10.2023 EgyptToday
Egypt plans to issue Samurai bonds valued at $500M in November. Samurai bonds are issued in Japanese Yen by foreign borrowers on the Tokyo Stock Exchange.
23.10.2023 EgyptToday
The Central Bank of Egypt (CBE) introduces new rules to simplify credit card usage for Egyptians travelling abroad. The steps aim to curb misuse and enhance customer convenience.
23.10.2023 dailynewsegypt.com
The companys newly acquired top status comes after it gained a 9.7% market share of total transactions, with a trading value of $354mln.
22.10.2023 zawya
S&P Global Ratings agency has downgraded Egypt's long-term sovereign credit rating in local and foreign currencies to B- from B.
22.10.2023 ahram online
Egypt's economy will grow slower than earlier predicted as inflation eats into purchasing power and the Egyptian pound weakens.
22.10.2023 reuters
CBE issued new instructions on Tuesday to regulate the use of credit cards for transactions in foreign currencies abroad amid concerns of misuse.
19.10.2023 Ahram Online
The Egyptian Exchange (EGX) on Wednesday announced the acquisition of 161.4 million shares in leading Egyptian e-payment company Fawry for EGP903.88 m
19.10.2023 Ahram Online
A research paper by former CBE Governor suggests that currency swap agreements have become an alternative method to deal with financial crises.
18.10.2023 Egypt Independent
