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29 August 08:23 AM CBE auctions EGP 65bn T-bills end-week
Cairo – Mubasher: The Central Bank of Egypt (CBE) offered treasury bills (T-bills) at a combined value of EGP 65 billion through two auctions on Thursday, 29 August 2024. The first tranche was valued at EGP 35 billion and will mature in 182 days …
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28 August 02:58 PM EGX ends Wednesday with collective gains
Cairo – Mubasher: The Egyptian Exchange (EGX) showed a positive performance on Wednesday, with the EGX30 main index up by 1.14% to 30,709.59 points. Both the small- and mid-cap EGX70 EWI and EGX100 EWI indices closed the session higher by 0.80% at …
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27 August 08:34 AM Valu offers EGP 1bn bond issuance
Cairo – Mubasher: MENA's leading fintech powerhouse Valu has finalised its 11th securitised bond issuance worth EGP 1.09 billion, according to a press release. The issuance marks the first under the newly approved securitisation programme valued …
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26 August 08:11 AM CBE offers EGP 7bn debt instruments on Monday
Cairo – Mubasher: The Central Bank of Egypt (CBE) announced floating-rate treasury bonds (T-bonds) at a value of EGP 2 billion through one issue on Monday, 26 August 2024. Furthermore, the CBE auctioned zero-coupon T-bonds worth EGP 5 billion …
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25 August 09:13 AM CBE unveils T-bills worth EGP 60bn on Sunday
Cairo – Mubasher: The Central Bank of Egypt (CBE) issued treasury bills (T-bills) at a total value of EGP 60 billion through two offerings on Sunday, 25 August 2024. The first auction stood at EGP 40 billion and will mature in 91 days on 26 …
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22 August 08:18 AM CBE auctions EGP 55bn T-bills on Thursday
Cairo – Mubasher: The Central Bank of Egypt (CBE) offered treasury bills (T-bills) at a combined value of EGP 55 billion through two auctions on Thursday, 22 August 2024. Holding a tenor of 182 days until 25 February 2025, the first issue was …
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21 August 09:03 AM Abu Dhabi Chamber unveils 24% increase in certificates of origin issuance
UAE – Mubasher: The Abu Dhabi Chamber of Commerce and Industry highlighted a 23.80% year-on-year (YoY) rise in the number of certificates of origin issued in the January- May 2024 period.  In cooperation with Etihad Credit Insurance (ECI), the Abu …
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19 August 11:11 AM CBE offers T-bonds, floating-rate note on Monday
Cairo – Mubasher: The Central Bank of Egypt (CBE) unveiled treasury bonds (T-bonds) at a combined value of EGP 6 billion through two auctions on Monday, 19 August 2024. The first tranche stood at EGP 1 billion, holding a tenor of two years until …
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18 August 08:12 AM CBE offers T-bills worth EGP 60bn on Sunday
Cairo – Mubasher: The Central Bank of Egypt (CBE) auctioned treasury bills (T-bills) worth EGP 60 billion through two tranches on Sunday, 18 August 2024. The first tranche stood at EGP 35 billion and will mature in 91 days on 19 November this …
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15 August 09:09 AM CBE auctions T-bills worth EGP 65bn on Thursday
Cairo – Mubasher: The Central Bank of Egypt (CBE) offered treasury bills (T-bills) at a combined value of EGP 65 billion through two issues on Thursday, 15 August 2024. With a tenor of 182 days until 18 February 2025, the first auction amounted to …
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12 August 09:24 AM CBE unveils EGP 7bn debt instruments on Monday
Cairo – Mubasher: The Central Bank of Egypt (CBE) auctioned treasury bonds (T-bonds) at a value of EGP 5 billion through one issue on Monday, 12 August 2024. The auction holds a maturity period of three years until 13 August 2027, according to …
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11 August 08:45 AM CBE offers EGP 60bn T-bills on Sunday
Cairo – Mubasher: The Central Bank of Egypt (CBE) announced treasury bills (T-bills) at a total value of EGP 60 billion through two issues on Sunday, 11 August 2024. The first auction stood at EGP 40 billion, holding a tenor of 91 days until 12 …
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8 August 08:17 AM CBE auctions EGP 55bn T-bills on Thursday
Cairo – Mubasher: The Central Bank of Egypt (CBE) issued treasury bills (T-bills) at a combined value of EGP 55 billion through two offerings on Thursday, 8 August 2024. The first tranche was valued at EGP 30 billion and will mature in 182 days on …
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5 August 08:03 AM CBE offers T-bonds, floating-rate note on Monday
Cairo – Mubasher: The Central Bank of Egypt (CBE) auctioned treasury bonds (T-bonds) worth EGP 6 billion through two issues on Monday, 5 August 2024, according to official data. The first tranche was valued at EGP 1 billion and will mature in two …
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4 August 09:30 AM CBE issues T-bills worth EGP 60bn on Sunday
Cairo – Mubasher: The Central Bank of Egypt (CBE) announced treasury bills (T-bills) at an aggregated value of EGP 60 billion through two issues on Sunday, 4 August 2024. Holding a tenor of 91 days until 5 November this year, the first tranche was …
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1 August 07:54 AM CBE auctions EGP 65bn T-bills end-week
Cairo – Mubasher: The Central Bank of Egypt (CBE) offered treasury bills (T-bills) worth EGP 65 billion through two auctions on Thursday, 1 August 2024. The first issue was valued at EGP 35 billion and will mature in 182 days on 4 February 2025, …
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31 July 11:24 AM Global gold demand grows 4% YoY in Q2-24 – Report
Mubasher: Global demand for gold rose by 4% year-on-year (YoY) to 1,258 tonnes in the second quarter (Q2) of 2024, according to a report by the World Gold Council (WGC). The growth in demand was driven by a 53% YoY surge in over-the-counter (OTC) …
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30 July 01:26 PM Egyptian gov’t ratifies final draft of EGP 50bn tourism support initiative
Cairo – Mubasher: The Egyptian Cabinet has approved the final draft outlining the requirements, determinants, and mechanisms for implementing a new tourism sector support initiative. The initiative, funded by the Ministry of Finance with EGP 50 …
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30 July 09:09 AM IMF finalises 3rd review of Egypt’s $8bn loan deal; new tranche disbursed
Cairo – Mubasher: The executive board of the International Monetary Fund (IMF) has completed the third review of Egypt’s $8 billion loan programme. The completion of the third review allows Egypt to receive a $820 million tranche of the loan, …
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29 July 02:11 PM Egypt’s steel rebar production surges 37% in H1-24
Cairo – Mubasher: Egypt’s production of steel rebar hiked by 37% year-on-year (YoY) to 4.15 million tonnes in the first half (H1) of 2024. The production growth was backed by the availability of the dollar currency and companies' tendency to …
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29 July 09:28 AM Egypt signs $342m agreements with int'l companies to boost oil, gas production
Cairo – Mubasher: The Egyptian Minister of Petroleum and Mineral Resources, Karim Badawi, has signed two agreements with international companies for natural gas exploration and production, with total investments of $342 million. The first …
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29 July 08:20 AM CBE offers T-bills worth EGP 60bn on Monday
Cairo – Mubasher: The Central Bank of Egypt (CBE) issued treasury bills (T-bills) at an aggregated value of EGP 60 billion through two offerings on Monday, 29 July 2024. The first tranche stood at EGP 40 billion and will mature in 91 days on 29 …
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28 July 08:15 AM CBE auctions EGP 60bn debt instruments on Sunday
Cairo – Mubasher: The Central Bank of Egypt (CBE) offered treasury bills (T-bills) at a total value of EGP 55 billion through two auctions on Sunday, 28 July 2024. The first tranche was valued at EGP 30 billion, carrying a maturity period of 182 …
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25 July 09:24 AM Egypt raises fuel prices
Cairo – Mubasher: The Egyptian Fuel Automatic Pricing Committee has increased gasoline prices by up to EGP 1.50 per litre for different octanes, according to Akhbarelyom news website. The price of 92- and 80-octane gasoline increased by EGP 1.25 …
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23 July 09:38 AM FRA ratifies acquisition offer for 41% of Middle East Glass Manufacturing
Cairo – Mubasher: The Financial Regulatory Authority (FRA) has approved MENA Glass Holdings Limited's offer to acquire a 40.76% stake, equivalent to 25.52 million shares, in Middle East Glass Manufacturing Company (MEGM). The offer set the price …