Moody’s revises Egypt’s outlook to positive, affirms rating at CAA1
Moody's has revised Egypt's outlook to positive and affirmed its rating at CAA1, Reuters reported on Thursday.
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Egypt’s NBE raises intl. credit card limits
The National Bank of Egypt (NBE) has increased the limits of cash withdrawals and purchases on credit card…
Egypt’s banks raise credit card limits for intl. use
Several Egyptian banks have adjusted their credit card withdrawal and purchase limits for international…
Egypt confident in ability to satisfy FX demand – PM
The Egyptian state is confident in its ability to satisfy the demand for foreign currency from now on, Egypt’s…
Egypt’s AAIB raises limits of intl. credit card transactions
Egypt’s Arab African International Bank (AAIB) announced the increase in limits of all credit card transactions…
URGENT: Egypt’s central bank provides funds necessary for maintaining FX liquidity
In an extraordinary meeting on Wednesday, the Central Bank of Egypt’s the Monetary Policy Committee (MPC) decided…
URGENT: Egypt’s central bank raises interest rates by 6%
Egypt's central bank on Wednesday raised interest rate by 6%.
Lessons to be learned from global expertise
Egypt last week hosted two historic visits that were of great importance. Two crucial trips by two internationally…
Plans to create Turkish industrial zone in Egypt
Egyptian Trade Minister, Ahmed Samir and Turkey’s Chairman of the Board of Directors of Bursa Chamber of Commerce…
Egypt keen to ease cost-of-living burdens on citizens – FinMin
Egypt's Finance Minister, Mohamed Maait emphasised on Tuesday that his nation was keen to introduce comprehensive…