Dollar exchange rate sees slight hike in Egyptian banks
U.S. dollar prices against the Egyptian pound increased in several Egyptian banks on Sunday. According to the…
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Banks
CBE to issue treasury bills worth EGP 13.7 bln today
Egypt's Central bank (CBE) will issue treasury bills worth EGP 13.7 billion on behalf of the Ministry of Finance on…
Russian billionaire’s bank bets on Egypt as Mideast risk rises
Renaissance Capital, the investment bank owned by Russian billionaire Mikhail Prokhorov, is taking a long-term bet…
Central bank of Egypt holds interest rates as expected
Central Bank of Egypt (CBE) kept interest rates unchanged as expected on Thursday, concluding that further…
C.bank chief says foreign currency inflows to Egypt’s bank system $80bn since float
Foreign currency inflows into Egypt’s banking system have reached $80 billion since the central bank floated the…
C.bank says Egypt signs $3.1bn funding deal for reserve boost
Egypt has signed a $3.1 billion financing agreement with international lenders as part of its efforts to increase…
Egypt issues €692.9mn one-year treasury bills auction: c.bank
Egypt has sold 692.9 million euros in one-year euro-denominated treasury bills to local and foreign financial…
Average yields on Egypt’s 3- and 7-year T-bonds jump
The average yield on Egypt’s three- and seven-year treasury bonds rose at an auction on Monday, central bank data…
Abu Dhabi Islamic Bank-Egypt 9-month profits jump to 500.7mn pounds
Abu Dhabi Islamic Bank-Egypt (ADIB) said Sunday its nine-month profits jumped to 500.7 million Egyptian pounds…
Egypt inflation eases, paving way for looser monetary policy
Egypt’s inflation dipped for the third month in a row in October after hitting a record high on energy price…
