Egypt’s largest state bank to boost SME financing in FY2016/7 by 30%
The National Bank of Egypt (NBE), the country’s largest public lender, plans to extend its portfolio of financing…
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Egypt’s central bank
Egypt’s central bank sub governor for monetary policy to join IMF
Egypt's central bank sub governor for monetary policy is joining the International Monetary Fund (IMF) in August, a…
Banque Du Caire says to inject $169 mln in SME projects this year
Egypt’s third biggest public lender Banque du Caire plans to inject 1.5 billion Egyptian pounds ($169 million) into…
Egypt to issue $1.250 bln one year dollar-denominated T-bill
Egypt's Finance Ministry will issue $1.250 billion in one-year dollar-denominated treasury bills to local banks and…
Egypt’s foreign reserves surge to highest in 8 months
Egypt’s foreign reserves inched up to the highest since August after the country’s cash savings grew. Net…
Central Bank of Egypt keeps key interest rates ‘unchanged’
Egypt's central bank has decided Thursday to keep its key interest rates unchanged in its first decision since it…
Egypt central bank currently has no intention to devalue pound
As Egypt faces a dollar crisis, the Central Bank of Egypt (CBE) says it has "no intention" of devaluing the…
Egypt c.bank FX auction to clear backlog on imports of staples, medicines
Egypt's central bank announced Tuesday that foreign currency offered at its regular weekly auction would be…
Arab Investment Bank may become 3rd Egypt public bank to seek bourse listing
State-run Arab Investment Bank plans to float some of its shares on Egypt stock exchange, the bank’s chairman Hani…
China to pump $30 billion in Egyptian projects in two years
China is set to pump direct investments that could reach $30 billion in Egypt in the next two years, Egyptian…