Sisi directs Egypt’s c.bank to reduce interest rate on youth loans
Egypt's President Abdel-Fattah El-Sisi wants the interest rate on loans to young people to be reduced to 5 percent,…
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Tarek Amer
Egypt’s CBE governor: funds to be increased to $57bn
Central Bank of Egypt (CBE) plans for the banks operating in the country to increase funds to 1 trillion Egyptian…
Egypt expects 5th tranche of IMF loan in January/early February
Egypt expects to receive the fifth tranche of its $12 billion loan from the International Monetary Fund (IMF) in…
Egypt expects to receive 5th tranche of IMF loan in Jan.
Central Bank of Egypt's governor Tarek Amer said on Sunday the fifth tranche of a $12 billion loan from the…
Unified digital economy strategy to raise Arab world GDP to $5 trillion – adviser
The Arab digital economy strategy, launched in Abu Dhabi on Sunday, aims to double the Arab world’s GDP from $2.6…
Ernst & Young to submit studies for Egypt’s innovation fund before year-end
Egypt’s central bank says it will receive studies before the end of the month from Ernst & Young with the goal…
Egypt to launch $55.7 mln innovation fund by 2019 – c.bank governor
Egypt’s central bank plans to launch a 1 billion Egyptian pound ($55.7 million) innovation support fund by 2019,…
Egypt’s central bank to issue plastic banknotes in 2020
Egypt is planning to issue plastic banknotes by 2020, governor of Central Bank of Egypt (CBE) said on Tuesday.
CBE won’t disclose bank accounts to Tax Authority: Amer
The Governor of the Central Bank of Egypt, Tarek Amer, said that the CBE won't disclose information about the…
Foreign holdings of Egyptian debt rise on Turkey’s crisis
The Turkish crisis has positively impacted foreign investment in Egypt’s debt instruments, sending it up again last…