By Radarr Africa Business Desk LAGOS, November 9 (Radarr Africa) – Egypt raised more than $650 million from the initial public offering of Banque du Caire, one of the largest …
North Africa
- AfricaAfrica EconomyAFRICA NEWSEgypt
- AfricaAFRICA NEWSAfrican EconomyEgypt
Egypt raises over $650m in Banque du Caire IPO as privatisation push continues
By Radarr Africa Business Desk LAGOS, November 4 (Radarr Africa) – Egypt raised more than $650 million on Monday in the initial public offering (IPO) of Banque du Caire, a …
- AfricaAFRICA NEWSAfrican EconomyEgypt
Egypt’s Central Bank Raises Rates by 100 Basis Points in Surprise Move, and Industry Warns of Budget Cost
By Radarr Africa Business Desk LAGOS, November 2 (Radarr Africa) – The Central Bank of Egypt (CBE) surprised analysts on October 29 by raising its key interest rate by 100 …
Egypt’s central bank has increased its benchmark interest rates by 100 basis points as the country’s currency continues to weaken against the US dollar, marking its first rate hike since …
- AfricaAfrica EconomyEgyptUncategorized
Egypt Upsizes Banque du Caire IPO to 45% as EBRD and IFC Sign On
By Radarr Africa Business Desk October 26 (Radarr Africa) – Egypt’s state-owned Banque Misr has increased the size of its planned sale of Banque du Caire (BdC) to 45 per …
National Bank of Egypt reported a 2025 net profit of EGP 175.5 billion, CIB plans to invest up to EGP 2 billion in the MNT-Halan share offering, and ICT growth …
Presidents Al-Sisi and Mahama met in New El-Alamein on 4 October to discuss stronger trade and investment links as Ghana prepares to chair the African Union in 2027.
Brega Petroleum Marketing Company has confirmed that operations at the Ras Al-Mungar depot are proceeding smoothly and at full capacity. On Friday, the tanker Anwar Al-Nasr arrived at the depot’s …
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North African Bank warns against illegal sale of Visa and MasterCard
The North African Bank has issued a strong warning to customers over the buying and selling of international cards such as Visa and MasterCard outside approved channels. The bank explained …
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Libya gold prices rise sharply as global market pushes demand
Gold prices in Libya have recorded new increases, with a slight rise in scrap and cast gold, but a significant and unprecedented jump in the prices of new and used …