Egypt’s Banque Misr retail lending activity rose 30% in less than a year
Egypt’s second largest state bank, Banque Misr says its retail banking portfolio rose 30 percent in less than a…
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CBE launches an initiative to settle debt of defaulters
The Central Bank of Egypt (CBE) launched an initiative to settle debts of the defaulters with balances less than 10…
Average Egypt debt at 46,656 pounds per person
The average debt per capita of Egypt reached 46,656 Egyptian pounds ($2,607.84) at the end of 2017, according to a…
Egyptian Electricity Holding signs Credit Suisse and HSBC-led $900 mln loan
State-owned Egyptian Electricity Holding Company (EEHC) has electronically signed on Tuesday a $900 million…
Egypt economy grows 5.3% in Q4, highest in three years: Amer
Egypt’s economy expanded 5.3 percent in the fourth quarter of 2017, its highest reading since the financial year…
Egypt’s net foreign reserves rise to $44.14 billion at end-May
Egypt’s net foreign reserves surged to $44.139 billion at the end of May from $44.029 billion at the end of April,…