Parliament initially approves restructuring Egypt’s state agricultural bank
The agricultural and economic affairs committees in the Egyptian parliament have given their initial approval on…
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Central Bank of Egypt
Egypt’s net FDI rises to $2.772 billion in Q3
Egypt’s net foreign direct investments (FDI) surged by $1.054 billion in the third quarter of the year to stand at…
CBE allocates $56mn to Mortgage Initiative
Central Bank of Egypt (CBE) allocated 500 million Egyptian pounds for mortgage firms among the first stage of…
BREAKING: IMF says reaches staff-level $12 bln loan agreement with Egypt
The International Monetary Fund said on Thursday it has reached a deal to assist Egypt with a three-year loan…
IMF, Egypt to delay unifying exchange rate until receiving first tranche of loan
Egypt and the International Monetary Fund (IMF) delegation agreed that the Central Bank of Egypt (CBE) would…
Egypt eyes boosting foreign direct investment
The Egyptian government’s drive to boost foreign capital flows has moved forward with the launch of a new foreign…
Egypt M2 money supply surges 18.6% in June -central bank
Egypt's M2 money supply rose 18.6 percent at the end of June from a year earlier, the central bank said on its…
Inflation rate expected to rise in Egypt next year: experts
Egypt’s core inflation rate climbed to its highest level in seven years in June, underscoring the challenges…
Al-Ahly’s AUMs seen drop to 10 bln Egyptian pounds by year-end
The investment arm of Egypt’s biggest state lender National Bank of Egypt, National Fund Management Company…
Egypt’s central bank denies amending max amount of foreign exchange allowed to exit
The Central Bank of Egypt (CBE) denied any amendments to the maximum amount of foreign currency allowed to exit…
