Global equities are down $14 trillion and heading for their second worst year on record.
04.01.2023
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News by
Reuters
The CBE uses the proceeds of this T-bills bid to pay the value of a previous bid submitted by the bank on 4 January 2022 at a value of $852.9m.
04.01.2023
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News by
Daily News Egypt
The ability of the banking sector to deal with the current situation contributed to the release of commodities worth more than six billion dollars.
03.01.2023
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The IMF expected that 2023 would witness an economic recession that millions of people around the world would feel.
03.01.2023
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Al-Sisi directed that the Sovereign Fund of Egypt (TSFE) should utilise the state’s assets and develop them in a sustainable manner to maximise return
03.01.2023
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News by
Zawya
The IMF warned on Sunday about a tougher year in 2023 for the global economy with USA, China, Europe with weakening activity.
03.01.2023
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News by
Reuters
A recent report by CBE revealed that the money supply recorded EGP 1.692trn in November, compared to EGP 1.382trn in December 2021.
03.01.2023
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News by
Daily News Egypt
The EGP 148.75 million capital hike will be distributed among 14.87 million shares as per the fair value (FV) with no issuance expenses.
03.01.2023
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News by
Zawya
At the start of the year, the government envisioned as many as 10 state-owned companies selling shares on the bourse in 2022.
03.01.2023
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News by
Enterprise
The government said US dollar crisis is on its way to being resolved, it will crack down on currency dealers in the “black market.”
03.01.2023
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News by
Asharq Al-Awsat
The amendments is to confront default risks, within the framework of completing the authority’s role in developing non-banking financial markets.
03.01.2023
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The list was topped by the Sawiris family from Egypt, with a fortune of $11.2 billion.
02.01.2023
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The objectives of the memorandum mainly focus on enabling joint cooperation mechanisms between the two parties to provide integrated services.
02.01.2023
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News by
Zawya
The center said that many developments took place in 2022 in spite of the international crises that cast a shadow on various economies.
31.12.2022
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News by
Egypt Today
Headline inflation accelerated to nearly 19%, while core inflation, which excludes food and regulated items, surpassed 21% in the most recent reading.
31.12.2022
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News by
Capital
The CBE announced that it would begin a process of phasing out letters of credit system for import finance by the end of December.
30.12.2022
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News by
Ahram Online
The tie-up aimed at enabling TicketsMarche’s customers to finance and pay for their ticket purchases through valU and PayTabs Egypt.
30.12.2022
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News by
Electronic Payments International
Egypt’s National Wages Council (NWC) has set the minimum wage for private sector workers at EGP 2,700 ($109) per month, up from the previous EGP 2,400
30.12.2022
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News by
Ahram Online
Mahaseel Masr is a smart digital platform that provides a wide range of digital tools to facilitate transactions online reliably and securely.
30.12.2022
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News by
Disrupt Africa
The bank estimates to achieve a net income of EGP 4.032 billion in 2023.
30.12.2022
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News by
Zawya
