EBRD delegation visit Egypt to discuss cooperation Monday
A European Bank for Reconstruction and Development (EBRD) delegation will arrive in Cairo on Monday to discuss…
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HSBC Bank Egypt starts dealing in yuan
HSBC Bank Egypt has started dealing in China’s yuan, or renminbi (RMB), for its corporate clients following an…
Egypt’s gold reserves rise to $3.324 billion in August – c.bank
Egypt’s gold reserves, a major component of foreign cash reserves, rose to around $3.324 billion in August from…
Egypt’s net foreign reserves surge to nearly $45 bln end-August
Egypt’s net foreign reserves rose to $44.969 billion at the end of August, the central bank said on Wednesday.…
Foreign holdings in Egyptian treasuries at $16.7 billion – c.bank
Foreign investors held 276.6 billion Egyptian pounds ($16.7 billion) in Egyptian treasury bills in June from 276.5…
Egypt external debt hits $996.4 per person
The external debt per capita of Egypt is estimated at $996.4 at the end of March, according to the central bank’s…
Egypt’s SAIB bank pays $40 mln debt to China Development Bank
Egypt’s Societe Arab Internationale de Banque paid back $40 million of debt to the China Development Bank (CDB) in…
Egypt’s central bank to cut rates until 2020-end: HC economist
Egypt’s central bank is expected to cut key interest rates by around 5 percent until the end of 2020, a chief…
EALB looks into selling Long Beach Resort in Sokhna or Hurghada
State-run Egyptian Arab Land Bank (EALB) comparing between offers submitted by investors to sell either Hurghada…
Egypt’s foreign reserves surge to $44.9bn July-end
Egypt's foreign reserves surged to $44.917 billion at the end of July, the central bank announced on Wednesday,…