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Cairo

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6 M El Nour St. , Sheraton Bldgs., Heliopolis

Cairo

Egypt

Telephone: +20222685492

Telefax: +20222685496

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Valu issues LE 10 billion securitization bonds

Since launching the first securitization bond issuance in 2021, the company has continued to expand its financial services package.

HC Securities & Investments expected the CBE to keep the current interest rates unchanged despite recent inflation readings.

The Egyptian economy has the ability to face and overcome challenges, the report noted.

Between July and October 2024, remittances increased by 80 percent, from $6.2 billion to $11.2 billion, compared to the same period in 2023.

This is in line with the IMF’s fourth review to reach EGP 50.97/$1 for selling and EGP 50.83/$1 for buying.

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