Banks Foreign holdings in Egyptian treasuries at $16.7 billion – c.bank Ahmed Ali Aug 29, 2019 0 Foreign investors held 276.6 billion Egyptian pounds ($16.7 billion) in Egyptian treasury bills in June from 276.5…
Money Naguib Sawiris applauds Egypt bold rate cut Amwal Al Ghad English Aug 28, 2019 0 Egyptian billionaire Naguib Sawiris on Monday lauded the interest rate cuts in Egypt, describing the central bank…
Money Egypt external debt hits $996.4 per person Ahmed Ali Aug 28, 2019 0 The external debt per capita of Egypt is estimated at $996.4 at the end of March, according to the central bank’s…
Featured Egypt’s net FDI rises 3.4% in Q3-FY2018/19: c.bank mohamed Hamdy Aug 28, 2019 0 Egypt’s net foreign direct investment (FDI) rose by 3.4 percent to around $1.8 billion in the third quarter of the…
Money Remittances from Egyptians abroad rise to $3 billion in May – c.bank Amwal Al Ghad English Aug 26, 2019 0 Remittances from Egyptians abroad rose to around $3 billion at the end of May from $2.1 billion in April, the…
Banks Egypt’s unemployment rate falls to 7.5% in Q2 – c.bank mohamed Hamdy Aug 24, 2019 0 Egypt’s unemployment rate dropped to 7.5 percent in the second quarter of 2019, preliminary data from the central…
Money Egypt’s Banque Misr cuts rates on variable-return certificates of deposit mohamed Hamdy Aug 24, 2019 0 Banque Misr has lowered the interest rates on its variable-return certificate of deposit by 1.5 percent, the vice…
Money National Bank of Egypt cuts rates on 3-year platinum certificates by 1% mohamed Hamdy Aug 24, 2019 0 State-owned National Bank of Egypt has cut the interest rates on its three-year platinum saving certificate by 1…
Banks Egypt’s central bank seen cutting interest rates next meeting: IIF Amwal Al Ghad English Aug 21, 2019 0 Egypt’s central bank is likely to cut its key interest rates in its upcoming monetary policy meeting, an Institute…
Money Egypt’s central bank to cut rates until 2020-end: HC economist Ahmed Ali Aug 20, 2019 0 Egypt’s central bank is expected to cut key interest rates by around 5 percent until the end of 2020, a chief…