Egypt’s EGX announces January 7 as an official holiday
The Egyptian Exchange (EGX) announced that the bourse will be off on Monday, January 2, on the occasion of the…
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central bank
Egypt seen holding key interest rates as inflation retreats: Reuters poll
Egypt’s central bank is expected to keep key interest rates unchanged at its meeting on Thursday after inflation…
Egypt to auction $1bn one-year dollar T-bills Monday: CBE
Egypt will auction $1 billion worth of one-year dollar-denominated treasury bills next Monday, the central bank…
Egypt to keep customs exchange rate at EGP 16 to dollar in Dec.
Egypt will keep its customs exchange rate steady at 16 Egyptian pounds to dollar for December, Finance Minister…
Remittances from Egyptians abroad up 20.4% in Sept.
Remittances from Egyptians abroad rose 20.4 percent to $1.8 billion last September, said the central bank on…
C.bank’s rate decision to weigh on EGX Thursday
Egyptian Exchange (EGX) is likely to maintain the bearish trend on Thursday amid investor anticipation of the…
Banks finance SMEs with 110 bln Egyptian pounds
Banks have directed 110 billion pounds to finance small and medium enterprises (SMEs) since the start of the…
Egypt’s NBE eyes 10.7 bln pounds in real estate financing
The National Bank of Egypt (NBE) is planning to pump 10.7 billion pounds as part of the central bank’s initiative,…
China markets fall 3% after central bank cuts reserve ratio for lenders
China markets fell on Monday after the central bank cut the reserve requirement for banks over the weekend.
Egypt sells 904 mln pounds of T-bonds after cancelled auctions
Egypt sold 904 million Egyptian pounds ($50.6 million) worth of three- and seven-year treasury bonds on Monday…
