Industrial sector acquires 28% of bank loans in March
Most loans in the banking sector worldwide are granted to the industrial…
CBE raises interest rate to its record high in 11 years
This increase boosts the CBE's deposit rate to 11.75% and lending to…
Ambiguity mars CBE’s next move on EGP interest rates
The Central Bank of Egypt faces difficulty on inflation hike of more…
Flat6Labs funds 46 projects worth $10m in Egypt, UAE, and Saudi Arabia over five years: managing director
Flat6Labs is a regional programme established in 2011 by Sawari Ventures and…
Treasury bond balance increases by EGP 2.02bn at end of May: Finance Ministry
These bonds were put forward from 12 February 2008 until 26 April…
CBE sells $120m to banks to release imported intermediate goods stuck in customs
El-Menilawy added that the CBE on Tuesday morning had asked the departments…
Local, international institutions offer to invest $915.4m in treasury bills
The bank auctioned $700m that will mature in one year’s time on…
Trade balance deficit declines by 44.4% in March: CAPMAS
Exports increase by 11.7%, imports decrease by 27.2%
Egyptian Banking Institute organises visits to India, Hungary to learn about SME financing
The purpose of the visit to Hungary was to meet heads of…
