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Money
The Bank of Japan holds monetary policy steady
The Bank of Japan announced Tuesday it was keeping its monetary policy steady, a move that was in line with market…
IMF to announce its second review of Egypt tomorrow
The International Monetary Fund (IMF) will announce the second review report and expert opinion on Egypt’s…
Egypt’s tax revenues rise 62% in H1 of FY2017/18
Egypt’s total tax revenues surged by 62 percent to 249 billion pounds during the first half of financial year…
Arab Investment Bank aims to increase its loans portfolio to 15bln pounds
The Arab Investment Bank aims to boost its loans portfolio to 15 billion Egyptian pounds by the end of 2018, up by…
Misr Iran Bank injects 500 mln as part of SMEs intiative
Egypt’s Misr Iran Development Bank (MIDB) has injected 500 million Egyptian pounds($28 million) as part of Central…
Global Lease to inject funds of 1 bln during 2018
Global Lease Company aims to pump funds 1 billion Egyptian pounds ($56 billion) during 2018, the company CEO Hatem…
Egypt’s NBE posts net profit of 6 bln pounds in H1 of FY2017/18
Egypt’s biggest lender, the state-owned National Bank of Egypt (NBE) recorded net profits of 6 billion Egyptian…
C.bank of Egypt issues 14bn pounds in treasury bills Sunday
The Central Bank of Egypt (CBE), on behalf of the Ministry of Finance, issued 14 billion Egyptian pounds in…
Egypt targets 8% economic growth by next years: FinMin
Egypt seeks to achieve economic growth rate between six and eight percent within the upcoming few years, said…
NBE to fund 3.526 customers as part of CBE’s mortgage initiative
Egypt's biggest lender, the state-owned, the National Bank of Egypt is planning to fund 3.526 clients among the…