Banks Banks to be closed in Egypt next Monday Yomna Yasser Dec 28, 2017 0 Egyptian banks will be closed next Monday, the Central Bank of Egypt (CBE) said Wednesday in a statement. As…
Financial Institutions IMF to upgrade Egypt’s economic growth forecast to 5.5% in FY2018/19 Yomna Yasser Dec 23, 2017 0 The International Monetary Fund (IMF) will raise its forecast for Egypt’s economic growth to 5.5 percent within…
Financial Institutions Egypt’s Bitcoin scene seemingly growing despite looming uncertainties Yomna Yasser Dec 11, 2017 0 In a widely reported announcement, the founders of Bitcoin Egypt said in August that their project would be…
Industry & Trade Egyptian petroleum exports surge by 16.8% in Q1 of FY2017/18 Yomna Yasser Dec 11, 2017 0 Egypt’s exports of crude oil and petroleum products increased 16.8 percent during the first quarter of financial…
Banks Central bank of Egypt holds interest rates as expected Yomna Yasser Nov 18, 2017 0 Central Bank of Egypt (CBE) kept interest rates unchanged as expected on Thursday, concluding that further…
Banks C.bank says Egypt hopes to issue €650mn one-year treasury bill Yomna Yasser Nov 9, 2017 0 Egypt’s Ministry of Finance plans to sell 650 million euros in one-year euro-denominated treasury bills to local…
Banks Remittances from Egyptians abroad up 24.4% in September: CBE Yomna Yasser Nov 4, 2017 0 The Central Bank of Egypt (CBE) announced on Thursday that remittances from Egyptian abroad increased 24.4…
Banks Egypt c.bank to double mortgage finance initiative to 20bn pounds Yomna Yasser Oct 10, 2017 0 The Central Bank of Egypt (CBE) has decided to double the funds allocated or mortgage finance initiative to 20…
Banks Egypt CBE increases reserve requirement on deposits by 14% Yomna Yasser Oct 4, 2017 0 The Central Bank of Egypt (CBE) said on Tuesday it is increasing the reserve requirement on deposits from ten…
Financial Institutions IMF praises Egypt’s CBE policies to control inflation rate Yomna Yasser Oct 1, 2017 0 The International Monetary Fund (IMF) praised on Friday the Central Bank of Egypt (CBE) policies to control…