Banque Misr: Small business financing hits 2 bln pounds
Egypt’s second largest state-owned lender, Banque Misr says its has increased its financing for small-sized…
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National Bank of Egypt says has raised $8.2 billion since pound float
Egypt’s biggest lender, the state-owned National Bank of Egypt has raised $8.2 billion since the liberalisation of…
Egypt’s FinMin to attend Asian Infrastructure Investment Bank gathering
Egyptian Finance Minister Amr el-Garhy will take part Friday in the second annual meeting of the China-initiated…
Fed raises benchmark interest rate for the third consecutive quarter
As one of the longest economic expansions in American history chugs into its ninth year, the U.S. Federal Reserve…
Egypt’s FDI grows 12.1% in nine months – c.bank
Foreign direct investment in Egypt has surged 12.1 percent to $10.8 billion in the first nine months of the…
Egypt central bank cancels foreign currency transfer limit
Egypt’s central bank announced Wednesday cancelling limits on international currency transfers. "It was decided to…
Egypt appoints investment minister as country’s governor to World Bank
Egyptian Prime Minister Sherif Ismail has appointed Wednesday Minister of Investment and International Cooperation…
World Bank forecasts Egypt’s GDP growth to hit 5.3% in 2019
Egypt's gross domestic product is projected to grow 5.3 percent by 2019, suggesting the economy of the most…
Egypt issues $713.1 mln in USD-dominated treasury bills at 3.529% average yield
Egypt's Finance Ministry sold $713.1 million in one-year dollar-denominated treasury bills to local and foreign…
World Bank disburses $125 mln tranche for Upper Egypt development: minister
The World Bank has disbursed $125 million in financial assistance to Egypt out of its $500 million Upper Egypt…