Egypt keeps customs exchange rate at 16 pounds/dlr in September
Egypt will keep its customs exchange rate steady at 16 pounds per dollar for September, Finance Minister Mohamed…
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BM Lease aims to sign deals worth EGP 500 mln pounds
The leasing arm of Egypt’s second state lender Banque Misr, BM Lease seeks to sign new deals worth 500 million…
Foreign investment in Egypt’s debt at $17.5 bln since pound float – finance minister
Egypt’s Finance Minister Mohamed Maait said foreign inflows in the government securities reached $17.5 billion…
Egypt leasing activity grows 34.6% in Q1
Leasing activities in Egypt recorded a 34.6 percent y-o-y rise throughout the first quarter of 2018, recording 7.5…
Egypt to implement the biggest budget in its history
Finance Minister Mohamed Ma'it said on Sunday Egypt is set to put into the effect the biggest budget in its…
Egypt to receive $2.02 bln IMF payment this month: FinMin
Egypt expects to receive a fourth payment, worth $2.02 billion, of a $12 billion IMF loan within this month, its…
Banque Misr’s leasing unit to start factoring services in Q1 2019 – CEO
BM Lease Company, jointly owned by Egypt’s second largest public bank Banque Misr, expects to begin offering…