Banks Banks in Egypt issue 2.5 million Meeza Cards since 2018 Eslam Abdelhameed & Mohamed Hamdy Oct 26, 2019 0 The Central Bank of Egypt (CBE) said that the number of users of 'Miza' national payment card have reached 2.5…
Money Egypt’s IDB to sign EGP500mln agreement as part of CBE’s mortgage initiative mohamed Hamdy Oct 20, 2019 0 Egypt's Industrial Development Bank seeks to sign an agreement with the Social Housing And Mortgage Finance Fund…
Money Egypt’s central bank to create fintech investment unit before year-end Ahmed Ali Oct 10, 2019 0 Egypt’s central bank plans to launch a holding company focused on managing its investments in fintech before the…
Money Account deficit rises to $8.2bn in FY2019: Egypt’s c.bank Amwal Al Ghad English Oct 2, 2019 0 The Central Bank of Egypt announced the balance of payments recorded an overall deficit of $8.2 billion during…
Money Egypt central bank seen cutting rates another 50 points – Beltone Ahmed Ali Sep 29, 2019 0 Egyptian investment bank Beltone Financial said on Sunday that its latest research paper forecast that Egypt’s…
Money Egypt’s central bank cuts interest rates 1%, third time in 2019 Ahmed Ali Sep 26, 2019 0 Egypt's central bank has decided on Thursday to cut interest rates by 1 percent, reducing the credit and discount…
Money Banks invest EGP962bn in Egyptian T-bills during July 2019 Ahmed Ali Sep 11, 2019 0 Banks operating in Egypt has invested investments in 926.2 billion pounds in the government treasury bills during…
Money Insurance companies’ investments in Egypt’s T-bills 4% up June-end Eslam Abdelhameed Sep 8, 2019 0 The total investments of insurance companies operating in the Egyptian government’s treasury bills rose 4 percent…
Money Remittances from Egyptians abroad rise to $3 billion in May – c.bank Amwal Al Ghad English Aug 26, 2019 0 Remittances from Egyptians abroad rose to around $3 billion at the end of May from $2.1 billion in April, the…
Money SMEs receive EGP 144.2bn worth of loans since 2016: CBE Amwal Al Ghad English Aug 26, 2019 0 The Central Bank of Egypt that the total value of loans given to small and medium-sized enterprises amounted to…