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3 hours ago CBE offers EGP 3bn T-bonds on Monday
Cairo - Mubasher: The Central Bank of Egypt (CBE) auctioned treasury bonds (T-bonds) worth EGP 3 billion on Monday, 29 May. The semi-annual coupon holds a three-year maturity period until 6 April 2026, according to official data. Last week, the …
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28 May 09:10 AM CBE announces EGP 40bn T-bills on Sunday
Cairo – Mubasher: The Central Bank of Egypt (CBE) auctioned treasury bills (T-bills) valued at EGP 40 billion through two tranches on Sunday, 28 May. The first issue stood at EGP 22.50 billion and will mature in 91 days on 29 August 2023, …
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23 May 05:54 PM Hilton, STA collaborate on attracting regional visitors to Saudi Arabia
Riyadh – Mubasher: Global hospitality leader Hilton has signed a memorandum of understanding (MoU) with the Saudi Tourism Authority (STA) to attract people from leading markets across the Middle East and Africa (MEA) to visit Saudi Arabia. The two …
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23 May 09:27 AM Egypt-Oman bilateral trade up 66% in 2022
Cairo – Mubasher: The trade exchange value between Egypt and Oman hiked by 66% to $1.08 billion in 2022 from $651 million in 2021, according to an official statement. Ahmed Samir, Egypt’s Minister of Trade and Industry, highlighted that Omani …
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22 May 08:35 AM CBE auctions EGP 1.25bn debt instruments on Monday
Cairo - Mubasher: The Central Bank of Egypt (CBE) offered treasury bonds (T-bonds) and floating-rate T-bonds at a combined value of EGP 1.25 billion on Monday, 22 May. The fixed coupon stood at EGP 250 million and will mature in seven years on 7 …
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21 May 08:40 AM CBE unveils EGP 40bn T-bills on Sunday
Cairo – Mubasher: The Central Bank of Egypt (CBE) issued treasury bills (T-bills) worth EGP 40 billion through two auctions on Sunday, 21 May. With a 91-day tenor until 22 August 2023, the first tranche stood at EGP 23 billion, according to …
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18 May 09:07 AM CBE auctions T-bills worth EGP 39.5bn on Thursday
Cairo – Mubasher: The Central Bank of Egypt (CBE) offered treasury bills (T-bills) at a total value of EGP 39.50 billion through two tranches on Thursday, 18 May. The first issue was valued at EGP 16.50 billion and will mature in 182 days on 21 …
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17 May 02:36 PM MPC expected to raise policy rates by 100 bps – HC Securities
Cairo – Mubasher: The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) is forecast to increase policy rates by 100 basis points (bps) in the meeting scheduled 18 May given the country’s current situation, according to Financial …
Amr Emara - Head of IR Business at GFM Mubasher
15 May 06:22 PM GFM Mubasher’s Emara highlights IR, use of technology during AFCM event
Mubasher: The Head of Investor Relations (IR) Business at GFM Mubasher, Amr Emara, took part in the Arab Federation of Capital Markets (AFCM) annual conference in Oman, where he joined a panel that included the CEO of Bahrain Bourse, Khalifa Al …
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15 May 03:20 PM Mubasher Trade allows investing in Egypt’s 1st gold Fund
Cairo – Mubasher: The Financial Regulatory Authority (FRA) has recently approved the launch of Azimut Precious Metals Fund under the name az-Gold, which marks the first gold investment fund in Egypt. Mubasher Trade, which is licensed by the …
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15 May 08:46 AM CBE unveils EGP 3.5bn T-bonds on Monday
Cairo – Mubasher: The Central Bank of Egypt (CBE) auctioned treasury bonds (T-bonds) at a total value of EGP 3.50 billion through two issues on Monday, 15 May. The first offering stood at EGP 3 billion, holding a tenor of three years until 6 April …
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14 May 11:21 AM UAE collaborates with Bloomberg, Euroclear Bank to offer solution for Islamic bonds
UAE – Mubasher: The UAE Ministry of Finance teamed up with Bloomberg and Euroclear Bank to launch a new auction solution which will enable the ministry, in collaboration with the Central Bank of the UAE (CBUAE), to issue dirham-denominated Islamic …
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11 May 09:21 AM CBE auctions EGP 39.5bn T-bills on Thursday
Cairo – Mubasher: The Central Bank of Egypt (CBE) issued treasury bills (T-bills) worth EGP 39.50 billion through two auctions on Thursday, 11 May. With a 182-day maturity period until 14 November 2023, the first tranche was valued at EGP 16 …
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10 May 02:05 PM Moody's places Egypt's ratings on review for downgrade few days after Fitch's view
Cairo – Mubasher: Moody's Investors Service has placed the government of Egypt's ‘B3’ long-term foreign- and local-currency issuer ratings on review for downgrade, which reflects the sovereign's increasing liquidity and debt affordability risks …
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8 May 08:35 AM CBE auctions EGP 41bn debt instruments on Monday
Cairo – Mubasher: The Central Bank of Egypt (CBE) offered treasury bills (T-bills) at an aggregated value of EGP 40 billion through two auctions on Monday, 8 May, according to official data. The first issue was valued at EGP 23 billion and will …
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7 May 10:52 AM Egypt’s PMI highlights slower pace of decline in April
Cairo – Mubasher: The headline seasonally adjusted Purchasing Managers’ Index (PMI) of Egypt rose to 47.3 in April 2023 from 46.7 last March. The PMI increased to its highest since October 2022, indicating that business conditions retreated to a …
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7 May 09:40 AM CBE offers EGP 39.5bn T-bills on Sunday
Cairo – Mubasher: The Central Bank of Egypt (CBE) auctioned treasury bills (T-bills) at a total value of EGP 39.50 billion through two issues on Sunday, 7 May. The first tranche stood at EGP 16.50 billion, holding a tenor of 182 days until 7 …
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1 May 08:54 AM CBE offers T-bonds in EGP, T-bills in USD on Monday
Cairo - Mubasher: The Central Bank of Egypt (CBE) issued treasury bonds (T-bonds) at a value of EGP 3 billion through one auction on Monday, 1 May. The tranche holds a tenor of three years until 6 April 2026, according to official data. …
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30 April 03:04 PM Japan’s investments in Egypt leap 99% in one year
Cairo – Mubasher: Japan pumped investments valued at $73.70 million in Egypt during fiscal year (FY) 2021/2022, an annual hike of 98.70% from $37.10 million. The value of bilateral trade between the Arab Republic and the Asian nation retreated by …
Mostafa Madbouly, Egypt's Prime Minister
30 April 11:03 AM Egypt announces next Thursday paid holiday for public, private sectors
Cairo - Mubasher:  Egypt's Prime Minister, Mostafa Madbouly, stated that Thursday, 4 May, will be an official holiday on the occasion of Labour Day, according to the Cabinet’s statement. Meanwhile, the holiday will be paid for all employees at …
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30 April 09:28 AM CBE issues EGP 40bn T-bills on Sunday
Cairo – Mubasher: The Central Bank of Egypt (CBE) offered treasury bills (T-bills) worth EGP 40 billion through two auctions on Sunday, 30 April, according to official data. The first tranche stood at EGP 22.50 billion and will mature in 91 days …
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27 April 09:23 AM CBE auctions T-bills worth EGP 39.5bn on Thursday
Cairo – Mubasher: The Central Bank of Egypt (CBE) issued treasury bills (T-bills) at a total value of EGP 39.50 billion through two offerings on Thursday, 27 April, according to official data. The first tranche was valued at EGP 16 billion, …
Ahmed Samir, Egypt’s Minister of Trade and Industry
26 April 02:24 PM Egypt-Africa trade exchange hits $2.11bn in Q1-23
Cairo – Mubasher: The value of the bilateral trade between Egypt and Africa reached $2.11 billion during the first quarter (Q1) of 2023, Ahmed Samir, Egypt’s Minister of Trade and Industry stated.   The Arab Republic exported goods to the …
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23 April 05:22 PM UAE, Saudi Arabia among top lowest risk nations in MEA – GlobalData
Mubasher: The UAE has topped the 10 lowest risk countries across the Middle East and Africa (MEA) region in GlobalData Regional and Global Risk Index (GCRI) for the fourth quarter (Q4) of 2022. The region is seen affected by supply chain …
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19 April 10:51 AM CBE issues T-bills, floating-rate note worth EGP 41bn on Wednesday
Cairo – Mubasher: The Central Bank of Egypt (CBE) announced treasury bills (T-bills) worth EGP 40 billion through two auctions on Wednesday, 19 April, according to official data. The first offering stood at EGP 23 billion and will mature in 91 …