Egypt seen floating pound within hours: Beltone Financial
The Central Bank of Egypt (CBE) is likely to float the pound “within hours," considering the president's recent…
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Central Bank of Egypt
Al-Ahly: AUMs shrank to 8.5 billion Egyptian pounds in Q3
National Fund Management Company (Al-Ahly), the investment arm of Egypt’s biggest state lender National Bank of…
Banque Du Caire mulls establishing forex firm to combat black market
Egypt’s third biggest public lender, Banque Du Caire is studying establishing a foreign exchange firm in a bid to…
CBE: Egypt tourist numbers hit 2.3 million in H1
Around 2.3 million tourists visited Egypt spending 13.5 million nights in the first half of the year, a recent…
Domestic liquidity surge to 2.094 trillion Egyptian pounds in June: CBE
Egypt’s domestic liquidity surged to 2.094 trillion Egyptian pounds ($235.7 billion) by end of June this year,…
Egypt’s current account deficit surge to $18.7 bln in FY 2015-16
Egypt's current account deficit surged to $18.7 billion for the 2015-16 financial year that ended in June, from…
National Bank of Egypt says financed purchase of 12,5K low-cost homes
National Bank of Egypt (NBE) says it has secured mortgage finances for around 12,500 homes in favour of low and…
Banks in Egypt resume work following Eid Al Adha holiday
Banks in Egypt have resumed services following Eid al-Adha holiday Egyptian Stock Exchange (EGX) and banks in the…
Emirates NBD Egypt mulls establishing new mortgage unit
Emirates NBD Egypt is studying establishing a new unit for mortgage activities, its deputy managing director Sahar…
C.bank: Egypt foreign reserves rise to $16.564 bln in August
Egypt's net foreign reserves rose to $16.564 billion at the end of August, the central bank announced in a…
