Sisi issues law naming PBDAC to Egyptian Agricultural Bank
Egyptian President Abdel Fattah al-Sisi has issued late Sunday a decree to rename state-owned agricultural lender…
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Central Bank of Egypt
Egyptian banks attract $3 billion since pound float: c.bank official
Egyptian banks have attracted around $3 billion since Egypt floated its pound earlier on November 3rd, central bank…
New mortgage law would double size of Egypt’s real estate market in less than a year
The shortage of affordable residential units has created a rise in the size of illegal construction that is…
Banque Misr, NBE: new certificates of deposit brought in 100 bln Egyptian pounds
Egypt’s two biggest banks, the state-owned National Bank of Egypt and Banque Misr have received around 100 billion…
Egypt’s NBE bank says sold $500 mln to cover imports since pound float
Egypt’s biggest lender, the state-owned National Bank of Egypt (NBE) has provided around $500 million to cover…
Egypt’s Rural Development in talks with CBE on funding 1.5M feddans project
The Egyptian Rural Development Company is in talks with state's Central Bank (CBE) and a number of banks over…
Egypt aims to list 8 state-owned oil firms on Cairo bourse soon: minister
Egyptian government hopes to start selling shares in 8 state-run oil firms on the local stock exchange within the…
Dollar slips against Egypt pound at early interbank trade after IMF loan approval
Dollar trade fell to an average below of 16 level to Egyptian pound in four banks during early interbank dealings…
Egypt central bank receives IMF 1st tranche, foreign reserves surge to $23.3 bln
The Central Bank of Egypt has received $2.75 billion from the International Monetary Fund on Friday, raising the…
World Bank hails Egypt reforms saying will create job, boost social inclusion
The World Bank welcomed on Friday the Egyptian economic reforms, saying they would create jobs and promote social…
