The Supply Ministry is selling imported yellow corn to poultry feed factories through the Egyptian Mercantile Exchange (EMX)
The Supply Ministry is selling imported yellow corn to poultry feed factories through the Egyptian Mercantile Exchange (EMX). Poultry feed factories should use the…
The Madbouly government is reportedly looking at adding a secondary stake sale in the EGX-listed Export Development Bank to its rebooted privatization program
The Madbouly government is reportedly looking at adding a secondary stake sale in the EGX-listed Export Development Bank to its rebooted privatization program. Also,…
Egypt’s 35,000 USD bond sale shows currency risk weakening Demand
Egypt’s 35,000 USD bond sale shows currency risk weakening Demand. Egypt placed just 0.04% of 3 billion EGP worth of local currency bonds on…
Private sector activity worsens again in March
Private sector activity worsens again in March. The contraction in Egypt’s non-oil private sector accelerated in March as the depreciation of the EGP, high…
Emirati real estate giant Aldar Properties is interested in co-developing Heliopolis Housing and Development’s (HHD) Heliopark project
Emirati real estate giant Aldar Properties is interested in co-developing Heliopolis Housing and Development’s (HHD) Heliopark project. The company is considering how to finance…
Collapsing volatility in equity and bond markets was the theme of the week
National Bank of Egypt, Banque Misr offer new 3-year CDs
NBE, Banque Misr offer new 3-year CDs. State-run banks the National Bank of Egypt (NBE) and Banque Misr have started selling a new three-year…
As Zilla Capital expected, the CBE hiked interest rates by 200 bps amid rising inflation and continued pressure on the EGP
As Zilla Capital expected, the CBE hiked interest rates by 200 bps amid rising inflation and continued pressure on the EGP. The CBE cited…
The Central Bank of Egypt is meeting today to review interest rates
The Central Bank of Egypt is meeting today to review interest rates. According to Reuters poll earlier this week, it is expected that the…
