CBE to launch €690m worth T-bill tender on Monday
The proceeds of the issuance will be used to pay the value…
After 4 years, Egypt’s exchange rate liberalisation proves its economic boon
Egypt sees $400bn in foreign exchange flows since decision enforced in November…
MSMEDA, NGOs to launch environmental, health awareness campaigns
EGP 140m earmarked for range of environmental, health, kindergarten services and illiteracy…
CAPMAS studies repercussions of COVID-19 on Egyptian economy
Egypt’s real annual GDP growth decreases 0.6% in Q3 of FY 2019/20…
Egypt’s net international reserves up $795m in October to $39.22bn: CBE
Egypt’s international reserves consist of foreign currencies (FX), gold, special drawing rights…
HDB takes part in EGP 650m syndicated loan to finance Borg El-Arab pharmaceutical plant
The alliance also includes the Export Development Bank of Egypt (EBE), Egyptian…
Local-currency bank deposits increase EGP 88.589bn in September: CBE
In a recent report, the CBE stated that demand deposits in local…
Finance Ministry to issue EGP 196.5bn worth T-bill, bond tenders in November
The offering comprises 16 tenders for T-bills worth EGP 158bn, and 10…
ADIB-Egypt introduces innovative ‘Beat’ contactless payment device
Device to use contactless technology allowing customers to quickly, easily, and securely…
Egypt’s bank deposits increase to EGP 4.788trn in July 2020: CBE
Private businesses receive 59.8% of total bank facilities, with industry at forefront…