The Sovereign Fund of Egypt (TSFE) and EFG Hermes have announced the former's commitment of EGP 250m to the latter's Education Fund's third close.
TSFE and GEMS Egypt also signed a Memorandum of Understanding (MoU) to develop and operate two (...)
In a bold move in line with market expectations, Central Bank of Egypt (CBE) decided to cut its basic interest rates by 1.5% on Thursday. Slashing interest rates to 14.25% for deposit, 15.25% for lending, 14.75% for the credit and discount rate and (...)