Business CBE launches Nilepreneurs to support entrepreneurs, SMEs Ahmed Ali Feb 17, 2019 0 The Central Bank of Egypt launches a national initiative to support entrepreneurs and small and medium enterprises…
Feature 1st phase of export risk guarantee firm finalised: Egypt’s c.bank Amwal Al Ghad English Feb 11, 2019 0 With the help of the African Export-Import Bank (Afreximbank), the Central Bank of Egypt has completed phase one of…
Feature Egypt expects higher dollar demand as it repays debt Amwal Al Ghad English Feb 3, 2019 0 Egypt will have to repay $14.7 billion this year to international creditors, including Arab countries that…
Banks New banking law reached Cabinet: CBE Ahmed Ali Jan 13, 2019 0 The Central Bank of Egypt has finished the final draft of the new banking law, Lobna Helal, Deputy Governor said.
Financial Institutions Egypt expects to receive 5th tranche of IMF loan in Jan. Amwal Al Ghad English Dec 31, 2018 0 Central Bank of Egypt's governor Tarek Amer said on Sunday the fifth tranche of a $12 billion loan from the…
Feature Interest rate likely to fall by 1 to 2% in 2019: Hermes Amwal Al Ghad English Dec 29, 2018 0 EFG Hermes, a leading financial group and one of the biggest investment banks in Egypt, expected on Thursday that…
Business Remittances from Egyptian expats up 8% in first 10 months of 2018 – c.bank Ahmed Ali Dec 20, 2018 0 Remittances from expatriate Egyptians rose 8 percent for the first 10 months of the year to $21.4 billion from…
Banks Egypt foreign reserves up to $44.513 billion end-November – c.bank Ahmed Ali Dec 4, 2018 0 Egypt’s foreign currency reserves increased to $44.513 billion at the end of November from $44.501 billion a month…
Business Egypt deposits $199.5 billion in banks in FY2017/18 – c.bank Amwal Al Ghad English Nov 25, 2018 0 Egyptians deposited around 3.569 trillion Egyptian pounds ($199.5 billion) in the local banking system in financial…
Business Egypt to auction $1.675 bln in dollar T-bills: central bank Amwal Al Ghad English Nov 17, 2018 0 Egypt is planning to auction $1.675 billion worth of one-year dollar-denominated treasury bills on November 19, the…