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WB provides $500m for low-income housing in Egypt
The World Bank will finance existing low-income housing programmes by the Egyptian government with new $500 million…
Misr Italia to deliver 5 Projects with 500 units during 2020
Misr Italia Properties plans to deliver 500 units this year in its 5 projects according to its CEO Mohamed Hany…
Financial Regulatory Authority welcomes issuing consumer financing law
The Financial Regulatory Authority (FRA) welcomed Saturday President Abdel Fattah El Sisi’s decision to issue…
Banque du Caire, TAQA Arabia IPOs postponed over coronavirus outbreak
Banque du Caire and TAQA Arabia offering in the Egyptian stock market has been postponed after the spread of…
Banque Misr, NBE to offer saving new 15% yield certificates electronically
Banque Misr and the National Bank of Egypt (NBE) offer new saving certificates with 15% annual yield. The two banks…
CBE raises electronic payment limits amid Coronavirus spread
The Central Bank of Egypt (CBE) has raised the limit for electronic payments via mobile phones to 30,000 Egyptain…
Egypt’s stock exchange bounces back as investors welcome coronavirus stimulus spending
Egypt’s stock exchange (EGX) roared back to life on Thursday, rebounding from steep losses in the previous session…
Egypt reports 46 new coronavirus cases and one death – ministry
Egypt confirmed on Thursday 46 new coronavirus cases, bringing the total number of cases up to 256, the health…
Egypt’s state banks helping to support bourse against coronavirus impact
State-owned banks National Bank of Egypt and Banque Misr are pumping 3 billion Egyptian pounds ($190.4 million)…
Egypt can neutralise coronavirus impact on economy; says central bank governor
Egypt’s central bank is capable of shielding the country’s economy from the impact of the coronavirus, its governor…