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IMF’s Lagarde urges no more use of energy subsidies, Egypt made a progress
International Monetary Fund (IMF) Managing Director Christine Lagarde has reiterated Saturday her call for removing…
NBE set to pump 250 mln pounds funds among CBE mortgage initiative
The National Bank of Egypt, the oldest commercial lender in the country, has approved new funding of 250…
Banque Du Caire to establish a leasing arm with capital of 500 mln pounds
The Central Bank of Egypt has approved Banque du Caire’s plan to set up a financial leasing arm for the bank with…
BOE could validate some long-awaited optimism for the UK economy
The Bank of England's (BOE) upcoming policy meeting could go a long way in providing some positive sentiment in…
Egypt’s foreign debt rose to $80.8 bln in Q1-FY2017/18: c.bank
The Central Bank of Egypt (CBE) revealed Wednesday that the country's foreign debt jumped to $80.8 billion during…
Egypt set to launch innovation fund worth 1 bln pounds
Governor of the Central Bank of Egypt (CBE) Tarek Amer said that the possibility of the launching a 1 billion fund…
Egypt’s central bank says $100 bln cash flow into banks since pound float
Cash inflows into Egypt’s banking system totalled more than $100 billion since Egypt floated its currency in…
Egypt studies the possibility of establishing digital bank: Amer
Egypt is considering the idea of establishing digital banks, the Governor of Central Bank of Egypt, Tarek Amer…
Bitcoin extends slide, falls below $7,000
Digital currency bitcoin fell more than 15 percent on Monday to a nearly three-month low amid a slew of concerns…
IMF expects no additional taxes to be executed in Egypt this year
IMF Director for the Middle East and Central Asia Department Jihad Azour predicts that no additional taxes will be…