Featured Egypt expects higher dollar demand as it repays debt Amwal Al Ghad English Feb 3, 2019 0 Egypt will have to repay $14.7 billion this year to international creditors, including Arab countries that…
Banks New banking law reached Cabinet: CBE Ahmed Ali Jan 13, 2019 0 The Central Bank of Egypt has finished the final draft of the new banking law, Lobna Helal, Deputy Governor said.
Financial Institutions Egypt expects to receive 5th tranche of IMF loan in Jan. Amwal Al Ghad English Dec 31, 2018 0 Central Bank of Egypt's governor Tarek Amer said on Sunday the fifth tranche of a $12 billion loan from the…
Featured Interest rate likely to fall by 1 to 2% in 2019: Hermes Amwal Al Ghad English Dec 29, 2018 0 EFG Hermes, a leading financial group and one of the biggest investment banks in Egypt, expected on Thursday that…
Money Remittances from Egyptian expats up 8% in first 10 months of 2018 – c.bank Ahmed Ali Dec 20, 2018 0 Remittances from expatriate Egyptians rose 8 percent for the first 10 months of the year to $21.4 billion from…
Banks Egypt foreign reserves up to $44.513 billion end-November – c.bank Ahmed Ali Dec 4, 2018 0 Egypt’s foreign currency reserves increased to $44.513 billion at the end of November from $44.501 billion a month…
Money Egypt deposits $199.5 billion in banks in FY2017/18 – c.bank Amwal Al Ghad English Nov 25, 2018 0 Egyptians deposited around 3.569 trillion Egyptian pounds ($199.5 billion) in the local banking system in financial…
Money Egypt to auction $1.675 bln in dollar T-bills: central bank Amwal Al Ghad English Nov 17, 2018 0 Egypt is planning to auction $1.675 billion worth of one-year dollar-denominated treasury bills on November 19, the…
Banks Gold balance in Egypt’s foreign reserves rise 3.3% in October Amwal Al Ghad English Nov 6, 2018 0 Egypt’s monthly gold holdings of foreign reserves rose 3.3 percent to $2.631 billion at the end of October from…
Money Egypt’s foreign reserves increase to $44.501 bln at end-October Ahmed Ali Nov 5, 2018 0 Egypt’s foreign currency reserves rose to $44.501 billion at the end of October from $44.459 billion at the end of…