Banks Egypt’s net foreign reserves rise to $45.1 billion end-September: c.bank Ahmed Ali Oct 2, 2019 0 Egypt’s net foreign reserves surged to $45.117 billion at the end of September, the central bank said late Tuesday.
Banks Egypt central bank seen cutting rates another 50 points – Beltone Ahmed Ali Sep 29, 2019 0 Egyptian investment bank Beltone Financial said on Sunday that its latest research paper forecast that Egypt’s…
Banks Egypt’s central bank cuts interest rates 1%, third time in 2019 Ahmed Ali Sep 26, 2019 0 Egypt's central bank has decided on Thursday to cut interest rates by 1 percent, reducing the credit and discount…
Featured HC says Egypt c.bank to cut rates by 100 bps this week Ahmed Ali Sep 23, 2019 0 Investment bank HC Securities and Investment expects Egypt's central bank will cut interest rates by 100 basis…
Featured Egypt’s BDC seeks 35 entrepreneurs support centres by end-2019 Ahmed Ali Sep 21, 2019 0 Egyptian state-run lender Banque du Caire seeks to increase the number of entrepreneurs support centres to 35…
Banks Uganda c.bank clears Banque du Caire buyout of Cairo International Bank Ahmed Ali Sep 17, 2019 0 Uganda's central bank has given Egypt’s Banque du Caire the green light to buy out Cairo International Bank in…
Banks Egypt banks hiked SMEs loans to $9 bln since 2016: El-Etreby Ahmed Ali Sep 17, 2019 0 Banks in Egypt have extended more loans to small and medium-sized firms in the first half of the year, heeding the…
Featured Egypt sets 2022 GDP growth target of 8% – PM Ahmed Ali Sep 15, 2019 0 Egypt has set its 2022 economic growth target at 8 percent, Prime Minister Mostafa Madbouly said on Sunday.
Banks Banks invest EGP962bn in Egyptian T-bills during July 2019 Ahmed Ali Sep 11, 2019 0 Banks operating in Egypt has invested investments in 926.2 billion pounds in the government treasury bills during…
Banks EGBANK’s NPLs portfolio grows 3.68% in H1 2019 Ahmed Ali Sep 10, 2019 0 Egyptian Gulf Bank (EGBANK) non performing loans (NPL) portfolio has captured 3.86 percent of the total credit…