CBE to issue LE 18B in T-bills Thursday

Thu, Feb. 21, 2019

The T-bills will be offered in two installments; the first installment is valued at LE 8.7 billion with a 182-day term.

Sterling rises on Hammond's Brexit comments

Thu, Feb. 21, 2019

The British currency rose 0.2 percent to the day’s high at $1.3080.

Fed flags end to balance sheet runoff, patience on rates

Thu, Feb. 21, 2019

A raft of Fed policymakers speaking since the Fed’s January pledge of patience have insisted the economy is in a good place.

Asia shares rise on U.S.-China trade deal optimism, Aussie tumbles

Thu, Feb. 21, 2019

Spread-betters expect Frankfurt’s DAX and Paris’s CAC open up half a percent and 0.4 percent, respectively, and see London’s FTSE basically flat.

Egypt to issue more int’l bonds by end of June: Minister

Wed, Feb. 20, 2019

Ma’it clarified that the upcoming issuance will be in currencies other than dollar or through new products.

EGX adds LE3.13B to market capitalization Wednesday

Wed, Feb. 20, 2019

The benchmark EGX30 hiked 0.38 percent, or 57.7 points, to close at 15,213.54 points.

Egypt signs 7 agreements to explore petrol, gas with investments of $162M

Wed, Feb. 20, 2019

Procedures of 10 new agreements were completed during July and August 2018.

Egypt seeks to raise longer-dated debt to 70% by 2022

Wed, Feb. 20, 2019

We used to borrow to repay both maturing debt as well as to finance new debt,” Kojak said.