IDA to offer condition handbooks on November 7-18th for six steel and iron production licenses; Move to encourage integration within local steel manufacturers; Previous offerings faced low demand

Fed will begin winding down its monthly asset purchases later this month 

NIR increased slightly in October, reaching USD40.849 billion

CBE has repaid external liabilities worth USD15.8 billion during FY2020/21

Foreign investments in Egyptian T-bills inched up in September 2021 to USD24 billion

EGAS increased natural gas prices for residential and commercial consumption by EGP0.15 starting from November 1

Export Development Fund of Egypt paid EGP1.625 billion to 700 exporting companies

International Oil Company dues are now at USD845 million

CBE intends to launch the instant settlement for retail payments within 2 months

PoS machines reaching 700k (up from 70k pre-covid); electronic transactions reached 1 billion in 2021 (a throughput of EGP2.8 trillion), compared to 700 million transactions (a throughput of EGP1.8 trillion) in 2020 [e-finance, Fawry, Ebtikar, & Aman]

Five local banks are seeking to launch digital banks (e-finance) 

Aman Microfinance (RAYA) intends to extend credit worth EGP300 million in 2022