Hunger Revolution Looms As Foreign Reserves Drop Sharply: Experts
Egypt’s foreign cash reserves dropped US$ 448 million to reach US$ 15.035 billion at the end of last November. A…
Browsing Tag
Mahmoud Negm
CBE Expected To Keep Interest Rates Unchanged On Thursday
A number of banking experts expected the Monetary Policy Committee to leave overnight deposit and lending rates…
Returns On Savings Instruments Downed Due To Low Lending Rates
A number of bankers said that some banks have taken procedures to reduce interest rates on savings certificates as…
Foreign Investors Are Wary of Raising Exchange Rates; Bankers
Banking experts demanded that exchange rate shall be determined by supply and demand factors…
EDBE to create “golden fund” with EGP 50 m capital in Q2
The Export Development Bank of Egypt (EDBE) plans to create “golden investment fund” with EGP 50 million capital,…
AfDB 2023