Ozalp: Revolution’s Implications Proved The Strength of Egyptian Banking System
Mohamed Ozalp, Managing Director of BLOM Bank Egypt, affirmed that the turmoil that followed last year’s 25th…
Browsing Tag
Egypt’s economy
Egypt Signs $100 Mln Debt Swap Deal With Italy
Egypt signed an agreement with the Italian government to swap a third tranche of debts worth $100 million. Faiza…
Faika El Refaie: 2.5% Gap Between The Needed Investments And The Actual Savings
Faika El Refaie, former sub-governor of Central Bank of Egypt, said there are a funding gap of 2.5% between the…
Foreign Reserves Increase For The First Time Since 2011
Central Bank of Egypt said foreign reserves rose slightly last month, their first gain since a revolution that…
CBE Fixes Interest Rates On GDP Increase By 0.4% In Q2
The Central Bank of Egypt (CBE) decide to keep lending rate steady at 10.25 percent and the deposit rate at 9.25…
Fayza Aboulnaga: Saudi Arabia To Aid Egypt
Saudi Arabia “will start implementing” a financial aid package to Egypt this month with a $1 billion deposit in the…
Egyptian Banks Offered US$ 51 Bln Finance For Imports
Tarek Amer, chairman of Federation of Egyptian Banks (FEB) and chairman of National Bank of Egypt (NBE), said…
Amr Moussa: Boosting Spending Is Vital To Economic Recovery
Amr Moussa, the front-runner in Egypt’s presidential race, is pledging to boost public spending in his first year…
Egypt’s M2 Money Supply Surges 6.7%
Egypt's M2 money supply rose 6.7 percent in the year to the end of March, the Central Bank of Egypt said on Monday.…
Abou Al Naga Predicts An Increase In Egypt’s Foreign Reserves
Fayza Abou Al Naga, Minister of Planning and International Cooperation, affirmed that Egypt’s foreign reserves will…