International Trading & Marketing Co. - ITMCO

| Cairo, Egypt

The leading directory of Egyptian businesses with company profiles, press releases, tenders, jobs and management news.

The Egyptian Polish Businessmen Association (EPBA) is a non - profit organization, serving interests of the Polish & Egyptian business community.

Oriental Resorts was founded in 1996 by some of Egypt's most respected and biggest companies for contributing in the evolution of Egyptian tourism.

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89 El Merghany St., Heliopolis

Cairo

Egypt

Telephone: +20224147752

Telefax: +20222598667

89 El Merghany St., Heliopolis

Cairo

Egypt

Telephone: +20224147752

Telefax: +20222598667

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Egypt central bank forecast to raise interest rates by 150 bps

The central bank raised rates by a larger-than-expected 300 bps at its last meeting on Dec. 22 and by 200 bps at a surprise meeting on Oct. 27.

Last month, the Egyptian Exchange released new criteria for inclusion in the EGX30 in a bid to make the benchmark index more attractive for investors

The acquisition has been approved by the central bank and will take effect on Jan. 31.

Minister of Finance, Mohamed Maait, stated that these initiatives help provide the necessary cash liquidity to ensure the rotation of the economy.

Many banks within Egypt were trading at 30 Egyptian pounds for $1 earlier this month.

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