Qatari Deposit Will Have Temporary Impact On Foreign Reserves: Bankers
Most banking experts said the US$ 2 billion Qatari deposit at the Central Bank of Egypt (CBE) will have a temporary…
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Egypt’s economy
Remittances By Egyptians In Saudi Arabia Hit US$ 8 Bln In 2011
Mahmoud Ouf, Egypt's ambassador to Saudi Arabia, said the value of remittances from expat Egyptians in Saudi Arabia…
Yield On Egypt’s Dollar CDs Rose To US$ 45 Mln:Tarek Amer
The yield on the Egyptian dollar certificates of deposit, in which the National Bank of Egypt (NBE) among seven…
Banque Misr Launches Durable Goods Finance Program
Banque Misr has launched a program for financing durable goods (furniture, electric devices, etc...) through…
Egypt Expects 23 Pct More Tourists In 2012 – Minister
Egypt expects to receive more than 12 million tourists by the end of 2012, a 23 percent rise over the previous…
New Cabinet To Focus On Foreign Borrowing: FJP’s Financial Adviser
Egypt will approach the International Monetary Fund (IMF) and other financial institutions to help get its economy…
S&P Places 3 Egyptian Banks On Watch Negative
Standard & Poor's Ratings Services placed its 'B' long-term and 'B' short-term issuer credit ratings on…
IMF Says Ready To Support Egypt
The International Monetary Fund (IMF) said on Tuesday it stands ready to support Egypt in dealing with its…
World Bank Chief Congratulates Morsi
World Bank President Robert Zoellick congratulated Mohamed Morsi and the people of Egypt for electing the country's…
S&P Places Egypt Rating On CreditWatch Negative As Junta Consolidates Powers
Credit Watch Ratings agency Standard & Poor's placed Egypt's long-term sovereign ratings on CreditWatch…
