National Bank of Egypt earmarks $6.4 million to support faltering factories
National Bank of Egypt (NBE), the country’s state-run biggest bank, has secured credit facilities of up to 50…
Browsing Tag
Egypt’s central bank
Egypt’s central bank pledges $868.5 million to revive faltering factories
Egypt’s central bank pledges to secure around 6.8 billion Egyptian pounds (US$868.5 million) dedicated for…
Egypt Central bank repays $547.2 million to foreign investors
Egypt’s central bank (CBE) said Tuesday it cleared the backlog of funds it owed foreign investors who sold local…
Afreximbank proposes $1 billion facility to support Egypt’s foreign currency liquidity
The African Export-Import Bank (Afreximbank) is ready to arrange a facility of up to $1 billion for Egypt’s central…
Egypt stocks shed $3.46bn over rates hike, travel ban
Egypt’s stock market incurred weekly heavy losses amounting to 27.1 billion Egyptian pounds (US$3.46 billion)…
Banque Misr funds promotional programme for Egypt’s tourism
Banque Misr (BM) -Egypt's second largest public sector bank- adopted the initiative of the Egyptian Central Bank…
Egypt to issue €700 million 1-year t-bill
Egypt's central bank is issuing a €700 million 1-year Treasury bill, it announced in a statement Thursday. The…
Egypt Strengthens Currency Amid Disruptive Dollar Shortage
Egypt's central bank strengthened the pound on Wednesday for the first time since 2013, injecting dollars into a…
Central Bank of Egypt records $3bn in net profits at end-June
Egypt’s central bank (CBE) said net profit grew 0.2 percent to 23.866 billion Egyptian pounds (US$3 billion) in the…
Egypt central bank keeps interest rates ‘on hold’ in October
Egypt’s central bank (CBE) decided to keep interest rates unchanged after the bank's Monetary Policy Committee met…
