Analysts had expected that the MPC would raise the interest rates by a maximum of 2 percent (200 bps) to rein in inflation.
23.12.2022
|
News by
Ahram Online
Underlie is an open banking platform, which offers application programming interfaces (APIs) to banks and businesses.
23.12.2022
|
News by
Retail Banker International
The Central Bank of Egypt (CBE) has set new measures meant to ban the fraudulent and abusive use of credit and debit cards outside the country.
23.12.2022
|
News by
Ahram Online
This affirms AXA’s robust strategy during its 7 years in the Egyptian market, providing all insurance products to its customers.
22.12.2022
|
News by
Zawya
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
|
News by
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
|
News by
Reuters
It resulted for the first time in efficient plans and initiatives to finance climate action, beside the effective participation of the private sector.
22.12.2022
|
News by
Egypt Today
As the country braces for a new devaluation of the pound, the dollar has reached new heights on the black market.
22.12.2022
|
News by
Africa intelligence
There are many industries within this region, including small industries, food industries, and textiles.
22.12.2022
|
News by
See news
This came during the PM's meeting of the Higher Ministerial Committee for Hajj.
21.12.2022
|
News by
See news
This included $11.1 billion directed to sovereign projects across various economic activities and $2.6 billion for the private sector.
21.12.2022
|
News by
Egypt Today
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
|
News by
Zawya
The road offers alternative routes to and from key locations in the 6th of October and Sheikh Zayed cities.
21.12.2022
|
News by
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
|
News by
Ahram Online
These projects cover 14 governorates and provide about 250,000 direct and indirect job opportunities.
21.12.2022
|
News by
Zawya
The 50 most-funded startups in MENA have raised nearly $3.2 billion in combined funding.
20.12.2022
|
News by
Zawya
Al-Mashat explained that the agreements are distributed at $11 billion in soft development funds.
20.12.2022
|
News by
Egypt Today
Excluding Egyptian Refining Company (ERC), Qalaa’s revenues increased by 25% YoY to EGP 5.9 billion in Q3 2022.
20.12.2022
|
News by
Zawya
IMF recently approved a deal that will provide a $3bln support package to Egypt.
20.12.2022
|
News by
Zawya
With net revenue of AED 954 million during the Q3, Smith noted that the group's coming strategy focuses on the categories it’s currently operating.
20.12.2022
|
News by
Egypt Today
