Egypt’s Suez Canal revenues likely to rise 14% at end-FY2017/18
Egypt's Suez Canal revenues are likely to increase by 14 percent to reach $5.6 billion at the end of financial year…
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Central Bank of Egypt (CBE)
Egypt’s foreign direct investment falls 20% in Q2-FY2017/18: CBE
Foreign direct investment (FDI) to Egypt has declined to $1.9 billion in the second quarter of financial year…
Egyptian external debt ups to $82.9 bln at end-2017: CBE
Egypt's external debt recorded $82.9 billion at the end of 2017 up from $80.8 billion in the third quarter of the…
Egypt’s NBE injects 18.5 bln pounds to finance SMEs
The National Bank of Egypt (NBE) has pumped 18.5 billion Egyptian pounds to fund 17,800 small and medium projects…
Remittances rise to $24.2 since liberalization of exchange rate: CBE
The Central Bank of Egypt (CBE) announced that remittances from Egyptian expatriates increased to $24.2…
Foreign investments in gov’t T-Bills register $18 bln in October: CBE
Foreigners’ investments in government treasury bills registered a new record high of about $18.849 billion at the…
Egypt’s FDI registers $3 bln in Q1 FY 2017/18
Influx of foreign direct investment (FDI) hiked to register $3 billion in the first quarter (Q1) of financial year…
Egyptian pound falls to 18 aganist dollar
The U.S. dollar has strengthened against the Egyptian pound for first time in almost a month to register an average…
200 engineering industries factories benefit from Egypt c.bank SME initiative
200 factories of engineering industries have benefited from the Central Bank of Egypt’s (CBE) initiative designated…
CBE: Egypt’s Core annual inflation falls to 7.19 in April
Egypt's annual core inflation declined to 7.19 percent in April, compared to 7.21 percent in March, the central…