Two major banks mulling listing on Egypt bourse: c.bank chief
Egypt’s central bank is considering listing shares in two major banks on Cairo bourse, chief Tarek Amer announced…
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Tarek Amer
Egypt aims to reduce import bill by 25% in 2016: c.bank governor
Egypt aims to reduce its import bill by 25 percent in 2016 compared to the previous year after the central bank…
Egypt aims to slash import bill by 25% in 2016: c.bank governor
Egypt aims to reduce its import bill by 25 percent in 2016 compared to the previous year after the central bank…
EXCLUSIVE: Egypt’s main agricultural bank eyes central bank’s $638.5mn loan
Egypt's main agricultural bank PBDAC is seeking a subordinated loan worth 5 billion Egyptian pounds (US$638.5…
World Bank slashes Egypt’s predicted 2016 growth rate to 3.8%
Egypt's economic growth is forecasted to slow to 3.8 percent in financial year 2015/16 from 4.2 percent expected in…
Central Bank of Egypt raises key interest by 50 basis points
Egypt's Monetary Policy Committee (MPC) decided to raise benchmark interest rates by 50 basis points Thursday,…
Egypt’s central bank pumped $8.3 bln for imports and investors -governor
Egypt's central bank and banking sector provided US$8.3 billion for imports and investors in recent weeks, Central…
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…
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’s foreign reserves rose $7 million in November
Egypt's foreign currency reserves inched higher by US$7 billion to record US$16.423 billion dollars at the end of…
