
Egypt non-oil private sector expands for first time in 8 months, PMI hit 50.8: NBD
Uptick in new orders appears driven by domestic demand, employment readings above 50.0 for first time since 2015
Uptick in new orders appears driven by domestic demand, employment readings above 50.0 for first time since 2015
Business conditions of non-oil private sector companies deteriorated at a slower pace in April
The government and the CBE have made positive moves to support the economy and develop the investment environment, says El-Damati
Egypt’s credit grew 20.7% year on year in January
NBD aims to enhance and strengthen ties between Egypt and the UAE, says NBD chairman
JP Morgan said in a statement that it was “important for us to pause and assess our business, particularly in select markets, to ensure we are well-positioned to meet our responsibilities for the long term”.
The Abu Dhabi Islamic Bank and its shareholders offered to buy the NBD for EGP 11bn