Banks experiencing significant disposal operations of foreign currency; dollar registers lowest level since November 2016
Significant decline in Arab and foreign currencies traded in domestic market due…
Strong expectations to keep interest rate unchanged during CBE’s MPC on Thursday, despite inflation hikes
Raising interest rates will not curb inflation caused by flotation and shortage,…
3.9 % decrease of irrigation water used in agriculture in 2015
The amount of irrigation water used for agriculture reached 36.75bn cubic metres…
Pound continues strengthening against USD, expected to settle below EGP 17 to the dollar within days
Significant increase in hard cash supply as foreigners invest in government debt…
Ministry of Military Production considers establishment of permanent exhibition of its products in Khartoum
The ministry aims to open foreign markets for their products, encourage Egyptian…
22% increase in the number of subscribers in broadband internet in 2016: CAPMAS
The total number of subscribers in broadband internet stood at 4.05 million…
Outstanding balance of treasury bonds declines to EGP 12.1bn at end of January: Finance Ministry
Banks operating in the local market are the largest investors in government…
Ministry of Military Production considers the establishment of an integrated agro-industrial project in Beni Suef
The ministry will cooperate in the establishment with Belarus to manufacture tractors
The initiative contributes to providing new funding opportunities for adding deposits in banks: El-Baradei
CBE initiative to finance low- to middle-income housing is a large starting…
Mortgage companies participating in CBE initiative to finance low- to middle-income housing
Mortgage finance companies operating in the domestic market started to prepare their…