Egypt’s Pound hits Weakest Official Level since December 2012
The central bank let the Egyptian pound depreciate on the official market for the first time since July, allowing…
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Central Bank of Egypt
India, Peru and Egypt show Acceleration in EM’s Easing Cycle
Unexpectedly early interest rate cuts in India, Peru and Egypt on Thursday indicate that falling oil prices and…
AlexBank, MetLife Alico announce Bancassurance Partnership
The Pharaonic American Life Insurance Company- Alico (MetLife Alico) will offer its products through the nationwide…
Egypt to issue $950 million 1-year Treasury Bill
The Egyptian government plans to issue a $950 million 1-year treasury bill Monday, the Central Bank of Egypt has…
Emirates NBD to Expand Branch Network in Egypt
Emirates NBD Bank intends to increase its network of branches to 100 from 70 in Egypt in the coming two years.…
Al Baraka Bank eyes 3 Mini Branches, First Presence in Upper Egypt
Al Baraka Bank Egypt is planning to start its first presence in Upper Egypt area through opening a mini branch…
Egypt Premier Mahlab Attends Signing of Third Pollution Abatement Project
The third phase of the Egyptian Pollution Abatement Project (EPAP III) agreement has been signed today in the…
Egypt Housing Offers New Facilities for Medium-income Project
Egypt's Ministry of Housing, Utilities & Urban Development announced Today new facilities for Dar Misr project…
Egypt C.Bank Records EGP23.8bn Net Profit at End-July
Egypt’s Central Bank (CBE) registered a net profit worth 23.8 billion Egyptian pounds (US$ 3.3 billion) during…
Egypt-Weekly Dollar Bids Rise to Four Times a Week
The Central Bank of Egypt (CBE) raised the number of weekly bids for the dollar (known as the FX auction) from…
