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Money
Foreign participation in Egypt’s T-bill auction hit $223 mln
Foreign participation in Egypt's Treasury bill auction on Sunday had recorded 4 billion Egyptian pounds ($222.59…
Egypt expects third IMF loan disbursal of $2 bln between Dec, Jan: FinMin
Egypt expects to receive a third loan disbursal worth $2 billion from the International Monetary Fund between…
Faisal Islamic Bank H1 profits 67.3% up on Egypt pound float
Egypt’s Faisal Islamic Bank has made a 67.3 percent y-o-y rise in profits for the first half of 2017 triggered by…
EFG Hermes ranks first for frontier market economies coverage in 2017 EMEA
EFG Hermes, the MENA’s financial services corporation major, has ranked first in 2017 institutional investor EMEA…
Iskan, Allianz to cover Egyptian e-payment provider E-Finance’s ATMs
Egypt’s Iskan Insurance Company and Allianz Egypt are assigned to cover the Egyptian electronic payment gateway…
China central bank told by Xi to play bigger role in managing financial risk
China's central bank will take on a bigger role in macro-prudential management and in averting systemic risk in…
Egypt’s CBE issues 13 bln pounds treasury bills Sunday
The Central Bank of Egypt (CBE) issued on Sunday treasury bills worth 13 billion Egyptian pounds, in cooperation…
Egypt’s external debt rises to $74.9 billion at April end: minister
Egypt’s external debt rose to $74.9 billion at the end of April, said Minister of Planning Hala el-Saeed on…
IMF strongly supports Egypt’s economic reforms
The International Monetary Fund (IMF) strongly supports Egypt’s economic reform programme, the fund’s mission chief…
Egypt to issue 13 bln pounds in debt instruments on Sunday
Egypt’s central bank will issue Sunday, on behalf of Finance Ministry, treasury bills worth around 13 billion…