The Central Bank of Egypt (CBE) auctioned treasury bonds (T-bonds) worth EGP 5 billion on Monday, 12 August 2024. The bonds have a maturity period of three years, set to mature on 13 August 2027, according to official data. Additionally, the CBE issued floating-rate T-bonds valued at EGP 2 billion through a single tranche, which...Read More

Madinet Masr Housing and Development has reported exceptional financial performance for the first half (H1) of 2024, showcasing significant growth across various financial metrics. The company’s consolidated net profits soared by an impressive 149.40% to reach EGP 1.45 billion, compared to EGP 584.70 million recorded in the same period last year (H1-23). This remarkable increase...Read More