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DUBAI — First Abu Dhabi Bank has made an offer to buy a controlling stake in Egypt’s biggest investment bank EFG Hermes that values the North African lender at…
CAIRO, (Reuters) – Egypt’s net foreign assets (NFAs) fell by 31.2 billion Egyptian pounds ($1.99 billion) in November, their second sharp fall in the last two months, central bank data showed on Thursday. NFAs as of the end of November fell to 82.95 bilion pounds from 114.2 billion at end-October. They were 186.3 billion as […]
CAIRO (Reuters) - Egyptian non-oil activity in the private sector shrank for a 12th month in November as inflation expectations rose, causing new busi...
CAIRO (Reuters) - Egyptian non-oil activity in the private sector shrank for a 12th month in November as inflation expectations rose, causing new busi...
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Egyptian non-oil activity in the private sector shrank for a 12th month in November as inflation expectations rose, causing new business orders to fall by their fastest in a year, a survey showed on Sunday.