The Central Bank of Egypt on Thursday raised interest rates by 200 basis points in a special meeting of its monetary policy committee (MPC). Read More...
Amazon announced the opening of its largest customer service centre in the Middle East region. Located in New Cairo, the centre is designed to serve Amazon’s customers across Egypt, UAE, Saudi Arabia,… Read More...
Commercial International Bank – Egypt (CIB), along with the National bank of Egypt (NBE), announced the successful closure of the biggest securitisation bondbond issuance in the Egyptian market,… Read More...
Prime Minister Mostafa Madbouly revealed that a new strategy is being prepared to develop the industrial sector and it will be launched within the next three months. Read More...
The Central Bank of Egypt (CBE) is working on setting an index for the Egyptian pound that will be linked to a basket of gold and other currencies besides the US dollar, the CBE’s acting governor… Read More...
s&P Global Ratings has affirmed Egypt’s B credit rating with a stable outlook on the back of expectations that fresh financial support from the IMF and the GCC will help meet “large” external… Read More...
Commercial International Bank (CIB), Egypt’s leading private sector bank, hosted over 50 leading corporates in the textile sector as part of the third edition of its flagship programme “Sustaining… Read More...
The Governor of the Central Bank of Egypt (CBE) Hassan Abdalla, will review Egypt’s monetary policies in light of global developments, on Sunday, during the third session on the first day of the… Read More...
Egypt-Saudi Power Interconnection project is set to begin its first trial operations by May 2025, while the official operation will begin in two phases with a project capacity of 3,000 megawatts (MW). Read More...