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Money
IMF says dollar is overvalued by 10-20%
The International Monetary Fund (IMF) said on Friday that the U.S. dollar was overvalued by 10 percent to 20…
IFC board approves investment in world’s largest solar park in Egypt
The Board of Executive Directors of IFC, a member of the World Bank Group, approved on July 20 an investment of…
NBK Egypt profits jump by 80% in H1-2017
National Bank of Kuwait–Egypt (NBK), the Gulf Arab state’s largest commercial lender, announced Thursday a 80…
CBE Egypt issues 13.5 bln pounds treasury bills Thursday
Central Bank of Egypt (CBE) issued Thursday treasury bills worth 13.5 billion Egyptian pounds ($755.8 million), in…
Egypt central bank’s exit from United Bank delayed on hopes for bigger return
Egyptian central bank’s plans to exit from the United Bank, in which it holds a 99 percent stake, could be delayed…
Afreximbank in talks to build African investment zone in Egypt’s Suez Canal
Egypt is negotiating with the African Export-Import Bank (Afreximbank) the possibility of establishing an African…
The top 10 leasing firms in Egypt at May-end: EFSA
The Egyptian Financial Supervisory Authority (EFSA) revealed in a recent report the biggest leasing companies in…
The top 10 leasing firms in Egypt at May-end: EFSA
The Egyptian Financial Supervisory Authority (EFSA) revealed in a recent report the biggest leasing companies in…
Greece is selling bonds again
Greece is making its return to the market on Tuesday after a three-year absence with the sale of a five-year bond.…
Egypt’s CBE says issued 1.75 bln pounds treasury bills Monday
Central Bank of Egypt (CBE) said Monday it has issued treasury bills worth 1.75 billion Egyptian pounds ($97.4…