Banque Misr pumps 900mn Egyptian pounds for low-income housing projects
Egypt’s second largest bank, state-owned Banque Misr has pumped 900 million Egyptian pounds ($49.2 million) to…
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Central Bank of Egypt
Dollar v.s Egyptian pound at Thursday early interbank trade
The table below demonstrates the selling and buying prices of U.S. dollar against the Egyptian pound in 17 banks…
Faisal Islamic Bank raises $40 million since Egypt pound float move
Egypt’s Faisal Islamic Bank has collected around $40 million since Nov.3 decision to freely float Egyptian pound…
EXCLUSIVE: Egypt’s banks raise $7 billion since pound float move – CBE chief
Egypt’s local lenders have collected between $6.5 billion and $7 billion since Nov.3 decision to liberalise…
CBE issues new regulations for mobile payment services
The Central Bank of Egypt’s (CBE) board of directors approved a new version of the regulations for mobile payment…
Egypt’s United Bank: bad loans edge higher on currency float move
The state-run United Bank of Egypt’s portfolio of bad loans has surged to 3.5 billion Egyptian pounds ($191.2…
Egypt to issue $1 billion 1-year dollar-dominated T-bill next week: c.bank
Egypt will issue a $1 billion, one-year treasury bill denominated in U.S. dollars by next week, the central bank…
Foreign reserves rise by $4 bln in November: Egypt’s CBE
The Central Bank of Egypt (CBE) said on Monday that the country's foreign reserves reached $23 billion by the end…
Deposits at Egypt’s banks rise to 2.172 trillion pounds in August
The total volume of deposits at banks operating in Egypt, aside from the central bank, have surged to 2.172…
Egypt’s net FDI falls to $992.9 million in Q4: CBE
Egypt’s net foreign direct investments (FDI) fell by $1.780 billion in the four quarter of financial year to stand…
