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List of All Articles with Tag 'egp'

Record Egypt Inflation Quickens Again as Pound Devaluation Looms
Record Egypt Inflation Quickens Again as Pound Devaluation Looms
Egyptian inflation accelerated to another record high, with a new surge in food costs heaping more pressures on
1970-01-01 08:00
Egypt Surprises With Rate Hike Even as Devaluation Delayed
Egypt Surprises With Rate Hike Even as Devaluation Delayed
Egypt unexpectedly resumed its cycle of monetary tightening, seeking to tame inflation that’s running at an all-time high.
1970-01-01 08:00
Egypt Looks Beyond Rate Hike to Cool Record Inflation
Egypt Looks Beyond Rate Hike to Cool Record Inflation
Not even record inflation looks likely to spur Egypt’s first interest-rate hike since March, with policymakers seen raiding
1970-01-01 08:00
Egypt Currency Squeeze Sinks Bank Foreign Buffers to New Low
Egypt Currency Squeeze Sinks Bank Foreign Buffers to New Low
Net foreign assets held by Egypt’s commercial banks went into a record deficit in June, as a lack
1970-01-01 08:00
Egypt Tries to Coax Dollars Back With Higher Savings Returns
Egypt Tries to Coax Dollars Back With Higher Savings Returns
Egypt’s biggest state-owned lenders are dangling higher returns on dollar-denominated certificates of deposit to foreigners and locals, in
1970-01-01 08:00
Window Opens for Frozen High-Yield Emerging-Market Dollar Deals
Window Opens for Frozen High-Yield Emerging-Market Dollar Deals
The waiting game for some of the riskier emerging-market borrowers is coming to an end. With higher interest
1970-01-01 08:00
Egypt’s Inflation Soars to Record as Food Drives Surge Past 35%
Egypt’s Inflation Soars to Record as Food Drives Surge Past 35%
Consumer prices in Egypt soared at a record pace, a reflection of pressures on food costs after the
1970-01-01 08:00
Top Egypt Bank Gets $250 Million in Loans With Eye on Green Work
Top Egypt Bank Gets $250 Million in Loans With Eye on Green Work
Commercial International Bank SAE, Egypt’s largest private bank, secured $250 million in loans from the World Bank’s International
1970-01-01 08:00
Egypt’s Devaluation Timeline Sets Back Clock for More Rate Hikes
Egypt’s Devaluation Timeline Sets Back Clock for More Rate Hikes
Egypt looked past a pick-up in inflation to keep interest rates unchanged for a second month, with the
1970-01-01 08:00
Egypt’s Inflation Accelerates Anew to Stay Above 30%
Egypt’s Inflation Accelerates Anew to Stay Above 30%
Egyptian inflation accelerated after a monthlong respite, as a round of price increases by authorities fans pressures already
1970-01-01 08:00
Egypt Distressed Bonds Attract Yield Hunters on Asset-Sale Bets
Egypt Distressed Bonds Attract Yield Hunters on Asset-Sale Bets
Investors are looking anew at Egypt’s bonds after signs of progress in its plans to sell state assets.
1970-01-01 08:00
Egypt Races to Solve Currency Dilemma in Hunt for Gulf, IMF Cash
Egypt Races to Solve Currency Dilemma in Hunt for Gulf, IMF Cash
What comes first, another currency devaluation or a wave of Gulf investment? Cash-strapped Egypt is racing to resolve
1970-01-01 08:00
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