Banks Egypt central bank keep key interest rates ‘unchanged’ Yomna Yasser Nov 19, 2016 0 Egypt's central bank has kept on Thursday its key interest rates unchanged in a meeting of its Monetary Policy…
Industry & Trade Egypt’s Rural Development in talks with CBE on funding 1.5M feddans project Noha Gad Nov 15, 2016 0 The Egyptian Rural Development Company is in talks with state's Central Bank (CBE) and a number of banks over…
Tech news Pound floating raises mobile, computer prices and slows down sales Ghada Ismail Nov 13, 2016 0 The Central Bank of Egypt (CBE) announced their decision to float the Egyptian pound last week, which has raised…
Banks 15 Arab banks, 7 joint Egyptian-Arab banks operating in Egypt: CBE Noha Gad Nov 13, 2016 0 Fifteen Arab banks are operating in the Egyptian market, in addition seven joint Egyptian-Arab banks, which are…
Industry & Trade Liberalising exchange rate to boost Egypt’s exports by 10%: Minister Qabil Noha Gad Nov 12, 2016 0 The recent decision of the Central Bank of Egypt (CBE) to float Egyptian pound against the dollar would raise the…
Banks Egypt central bank receives IMF 1st tranche, foreign reserves surge to $23.3 bln Yomna Yasser Nov 11, 2016 0 The Central Bank of Egypt has received $2.75 billion from the International Monetary Fund on Friday, raising the…
Banks CBE auctions treasury bills worth 11.5 billion Egyptian pounds Yomna Yasser Nov 10, 2016 0 Egypt’s central bank is issuing Wednesday, in coordination with Ministry of Finance, treasury bills worth 11.5…
Industry & Trade Imported medicines to be reduced for three months in Egypt Noha Gad Nov 9, 2016 0 After the Central Bank of Egypt (CBE) announced the pound floatation last Thursday, pharmaceutical companies have…
Banks Emirates NBD bank set up specialized financing unit for SMEs Noha Gad Nov 3, 2016 0 Middle East’s largest bank by assets, Emirates NBD has announced the establishment of a specialized unit for…
Banks BREAKING: CBE floats Egyptian pound against dollar at 13.5 Noha Gad Nov 3, 2016 0 Central Bank of Egypt (CBE) decided Thursday to float the Egyptian pound according to market supply and demand.The…