Al Baraka Bank Egypt to launch 3-year saving certificates early 2016
Al Baraka Bank – Egypt, part of the Bahraini Al Baraka Group, seeks to offer a new high-yield saving certificate in…
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Egyptian economy
Egypt’s November business activity drops to two-year low: Emirates NBD survey
Business activity in Egypt tumbled to its lowest in more than two years in November, falling the fastest since…
S&P cuts Egypt credit outlook to stable on lower Gulf support
The outlook on Egypt’s credit rating was cut Friday to stable from positive by Standard & Poor’s amid…
World Bank, Egypt to resume talks over $3 million loan
Egypt will start Monday a new round of loan negotiations with the World Bank Group in Washington DC. Sahar Nasr -…
Blom Bank Egypt says may launch products to support national currency
Blom Bank Egypt is studying the launch of new savings certificates for Egyptian pounds with a high interest rate to…
Egypt becomes formal recipient of EBRD finance, country of operations
The Board of Governors of the European Bank for Reconstruction and Development (EBRD) has voted to make Egypt an…
Egypt to include new Suez Canal logo on the half pound coin
Egypt is in the process of issuing new half pound coins with the logo of the new Suez Canal on them, according to a…
Egypt to boost cooperation ties with WB, IMF at Oct annual meeting
The newly-appointed Minister of International Cooperation and former economist, Sahar Nasr is heading to Peru to…
IMF advises Egypt to ease grip on currency exchange rate
Egypt should ease its grip on its currency exchange rate to boost economic growth even as reforms including a…
Egypt must do more to bolster access to finance for SMEs: Euromoney panel
Limited access to finance and high collateral requirements from banks is a major hurdle stifling the growth of…
