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Money
Japan’s Abe urges central bank’s Kuroda to keep up efforts on economy
Japanese Prime Minister Shinzo Abe on Sunday called on central bank governor Haruhiko Kuroda to keep up efforts…
Egypt to raise economic growth rate by 6% this year
Egypt plans to raise economic growth rate by six percent within 2018, according to the vice minister of finance…
Export Development Bank has provided $1.5 to fund trade since Egypt pound float
Egypt’s Export Development Bank has provided around $1.5 billion in letters of credit to fund trade since the…
Egypt’s Industrial Development Bank seeks to double its profits in 2018
State-run Industrial Development and Workers Bank of Egypt (IDWBE) aims to double its profits to 1 billion Egyptian…
Five predictions for digital currencies in 2018, including bitcoin-related IPO
After the bitcoin craze surged to a near-fever pitch in the last several weeks of 2017, several investors and…
Egypt to issue one-year $850 mln T-bill – c.bank statement
Egypt plans to sell $850 million in one-year dollar-denominated treasury bills to local and foreign financial…
NBE secures 450 mln pounds in credit facilities for Egypt electricity sector
National Bank of Egypt (NBE), the country's largest state bank, has recently pumped credit facilities of 450…
Egypt central bank allocates 2 bln pounds to cover SME financing risks
Egypt’s central bank has approved to grant Credit Guarantee Company (CGC) 2 billion Egyptian pounds ($112 million)…
Emirates Healthcare Group partners with Alameda to expands to Egypt
The Emirates Healthcare Group announced Wednesday it has strategically partnered with Egypt’s Alameda Healthcare…
Egypt paid $30 bln in loans last year: c.bank
Sources in the Central Bank of Egypt (CBE) announced on Wednesday that Egypt paid $US30 billion to foreign bodies…