Uptick in new orders appears driven by domestic demand, employment readings above 50.0 for first time since 2015
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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