French Development Agency signs €70mn Egypt Loan for Home Gas Delivery
Egypt and the French Development Agency (AFD) have signed a €70 million loan agreement for a project aimed to…
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CBE
Egypt’s Central Bank keeps Interest Rates ‘Unchanged’
The Central Bank of Egypt (CBE) has decided to keep interest rates unchanged, after the bank's Monetary Policy…
Egyptian Banking Sector registers $262 bln end 2014: Official
The volume of Egyptian banking sector recorded EGP2 trillion (US$ 262 billion) at the end of 2014,…
Egypt’s CBE To Hold Rates After Inflation Pick-Up; Survey
Egypt's central bank is expected to keep interest rates on hold on Thursday, choosing not to cut borrowing costs to…
Economic Recovery Positively Impacts Banks’ Performance
The economic recovery taking place has positively impacted the performance on banks working in the Egyptian market.…
Egypt’s external debt down to $39.58 bn in Q3 in FY2014/15: CBE
Egypt's external debt reached $39.58 billion, or 12.5 percent of GDP, in the third quarter of the current fiscal…
Partnership for Development Initiative; a Key Boost to PPP in Egypt
Partnership for Development Initiative is the first of its kind in Egypt aiming to bolster a sustainable…
CBE Decreases Issuance Of Weekly FX Auctions
The Central Bank of Egypt (CBE) sold $300m Thursday, instead of the usual $40m, at a regular FX auction to cover…
Egypt’s Central Bank to raise T-Bills worth 7bn pounds Sunday
The Central Bank of Egypt (CBE) will offer Sunday treasury bills estimated at EGP 7 billion, on the behalf of the…
Central Bank of Egypt reduces FX Auction Days to 3 per Day
Egypt's central bank (CBE) announced Thursday it will only hold three foreign exchange auctions per week, instead…
