National Bank of Egypt loans 1 billion pounds to Fiber Misr
The National Bank of Egypt (NBE), the country’s largest state bank, signed on Tuesday a 1 billion Egyptian pounds…
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HC: Egypt central bank to leave key rates unchanged on Feb. 20 meeting
Egypt’s central bank is expected to keep its key interest rates unchanged at its next monetary meeting on February…
CBE increases capped loans limit for mortgage finance to 10 %
The Central Bank of Egypt (CBE) has upped the capped loans limit for mortgage finance from five percent to 10…
Commercial International Bank Egypt’s 2019 net profit up 23.5%
Egypt’s Commercial International Bank (CIB), the largest private bank in the country, on Tuesday posted a 23.5…
Egypt’s domestic debt falls for first time in 11 years
Egypt’s domestic debt shrank for the first time in more than 11 years during the first quarter of the 2019/2020…
Egypt says received cash inflows of $1.7 billion in 4 days
Foreign cash inflows into Egypt’s banking system reached $1.7 billion approximately in just four working days -…
Egyptian pound appreciates to highest since Feb. 2017
The Egyptian pound strengthened on Monday against the U.S. dollar, trading at 15.967 against the greenback, its…
Egypt c.bank denies Lebanon’s Bank Audi request to sell Egyptian unit
Egypt’s central bank denied in a statement on Monday receiving a request from Lebanon’s Bank Audi to sell its…
Beltone: Egypt central bank likely to keep rates steady at Jan. 16 meeting
Egyptian investment bank Beltone Financial said on Thursday the country’s central bank is set to hold interest…
Egypt’s net foreign reserves grow to $45.42 billion at 2019-end
Egypt’s net foreign reserves grew 0.14 percent to $45.419 billion in December from $45.354 billion in November, the…