Browsing Category
Money
Fitch says currency risk still threatens Egyptian banks’ solvency
Some Egyptian banks are still at risk of struggling to meet minimum regulatory capital requirements as a…
Egypt’s foreign reserves hit six-year high in March
Egypt's foreign reserves surged to $28.5 billion at the end of March, the highest level since March 2011, a cabinet…
Misr Insurance wins Etisalat Misr’s insurance policy tender
Misr Insurance Company has won a tender to provide insurance cover for Etisalat Misr, the Egyptian arm of UAE…
World Bank keen to continue in cooperative programmes with Egypt: chief
The World Bank is keen to continue in implementing cooperative programmes with Egypt and developing consultation…
Egypt Central Bank sees pound’s real exchange rate appreciating
Egypt’s improved competitiveness after November 3 floating of the currency is unlikely to be negatively affected by…
Egypt’s net FDIs surge 29% in Q4: CBE
Egypt’s net foreign direct investments (FDIs) surged 29 percent in the fourth quarter of 2016, a recent report by…
EBRD loans Egyptian Gulf Bank $20 million to boost Egypt SMEs
The European Bank for Reconstruction and Development (EBRD) has provided the Egyptian Gulf Bank a $20 million loan,…
Egypt lowers customs dollar exchange rate to 16.5 pounds in April
Egypt will set its customs exchange rate to around 10 percent below the market price of the dollar for April in an…
Misr Life renews medical insurance cover for Egyptian Gulf Bank’s employees
Egypt’s Misr Life Insurance has renewed a medical insurance cover designated for the Egyptian Gulf Bank’s (EGB)…
Egypt central bank keeps key interest rates ‘unchanged’
Egypt's central bank has left on Thursday its key interest rates unchanged at a meeting of its Monetary Policy…