NBE, Banque Misr extend working hours to enable electronic payment of taxes, customs
These branches will remain open until 5pm in the period from 27…
CBE reduces term of executive officials in banks to 9 years
The Central Bank of Egypt (CBE) issued on Thursday a decree to…
9.2% drop in value of industrial production in Q3 of 2015 compared to Q2: CAPMAS
Coke and petroleum products represent the most important economic activities, contributing to…
Restructuring PBDAC, serving farmers’ interest are top priorities: El-Kosayer
El-Kosayer to hold first meeting in the PBDAC on Wednesday; controversy surrounds…
Private banks begin raising interest rates on saving schemes in pounds
The step came after public banks raised their interest rates and an…
CBE provides banks with $104.5m, sets US dollar price at EGP 8.78
On Tuesday, the official dollar price in banks was EGP 8.83 for…
Return on treasury bonds jumps by more than 1.5%, public banks begin to raise interest rates
Ministry of Finance offered three auctions for treasury bonds on Monday. The…
Cabinet settles debate about presidency of PBDAC, issues a decision appointing El-Kosayer as chairman
El-Kosayer will begin in April and will remain chairman for 3 years
CBE appoints Alsayed Al-Qussair as chairman of PBDAC
Al-Qussair succeeds Atteya Salem, the former chairman of PBDAC
Private banks wait on public banks to make first move to raise interest rates
Return on treasury bills for 3, 9 months increased after CBE lifted…