Egypt’s net foreign reserves rise to $45.1 billion end-September: c.bank
Egypt’s net foreign reserves surged to $45.117 billion at the end of September, the central bank said late Tuesday.
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Egypt central bank seen cutting rates another 50 points – Beltone
Egyptian investment bank Beltone Financial said on Sunday that its latest research paper forecast that Egypt’s…
Egypt’s central bank cuts interest rates 1%, third time in 2019
Egypt's central bank has decided on Thursday to cut interest rates by 1 percent, reducing the credit and discount…
HC says Egypt c.bank to cut rates by 100 bps this week
Investment bank HC Securities and Investment expects Egypt's central bank will cut interest rates by 100 basis…
Egypt’s BDC seeks 35 entrepreneurs support centres by end-2019
Egyptian state-run lender Banque du Caire seeks to increase the number of entrepreneurs support centres to 35…
Uganda c.bank clears Banque du Caire buyout of Cairo International Bank
Uganda's central bank has given Egypt’s Banque du Caire the green light to buy out Cairo International Bank in…
Egypt banks hiked SMEs loans to $9 bln since 2016: El-Etreby
Banks in Egypt have extended more loans to small and medium-sized firms in the first half of the year, heeding the…
Egypt sets 2022 GDP growth target of 8% – PM
Egypt has set its 2022 economic growth target at 8 percent, Prime Minister Mostafa Madbouly said on Sunday.
Banks invest EGP962bn in Egyptian T-bills during July 2019
Banks operating in Egypt has invested investments in 926.2 billion pounds in the government treasury bills during…
EGBANK’s NPLs portfolio grows 3.68% in H1 2019
Egyptian Gulf Bank (EGBANK) non performing loans (NPL) portfolio has captured 3.86 percent of the total credit…