Banks Egypt’s Central Bank considers additional hikes in key interest rates Yomna Yasser Jul 4, 2017 0 Egypt's government is considering a new hike in key deposit and lending rates; the issue will be discussed by the…
Financial Institutions Egypt to borrow 371bn pounds to fund budget deficit within Q1-FY2017/18 Yomna Yasser Jul 2, 2017 0 Egypt's government plans to borrow 371 billion Egyptian pounds to finance the deficit of the country's general…
Banks Nonperforming loans drop by 5.7% in Egypt’s banks at end-March: CBE Yomna Yasser Jul 2, 2017 0 The ratio of non-performing loans at banks operating in the Egyptian market fell to 5.7 percent of the total loan…
Industry & Trade Egypt’s Q2-2016/17 exports rise to $5.1 billion: CBE Yomna Yasser Jun 28, 2017 0 Egypt's exports totalled $5.1 billion in the second quarter of the financial year 2016/17, a rise on the $4.3…
Banks Central Bank of Egypt offers treasury bills of 13 bln pounds today Yomna Yasser Jun 21, 2017 0 Central Bank of Egypt (CBE) offered Wednesday 13 billion Egyptian pounds in treasury bills (T-bills), according to…
Banks Egypt central bank not considering bitcoin adoption Yomna Yasser Jun 18, 2017 0 Egypt’s central bank is not considering allowing banks to deal with bitcoins, the Central Bank of Egypt (CBE) said…
Industry & Trade Suez Canal revenues fall by 4% in nine months: CBE Yomna Yasser Jun 17, 2017 0 Receivables from fees paid by ships passing through the Suez Canal have fallen by 4.2 percent in the first nine…
Industry & Trade Egypt’s CBE: Tourism revenues retreat by 12.8% in nine months Yomna Yasser Jun 17, 2017 0 Tourism revenues decreased by 12.8 percent in the first nine months of the financial year 2016/2017, according to…
Banks CBE: $11bn surplus in Egyptian balance of payments Yomna Yasser Jun 15, 2017 0 The Egyptian balance of payments achieved a surplus of $11 billion during the first nine months of fiscal year…
Industry & Trade CBE governor: Egypt pays $1.5 bln in arrears to international oil firms in May, June Yomna Yasser Jun 7, 2017 0 Egypt has paid $1.5 billion in arrears to international oil companies in May and June, the Central Bank of Egypt’s…