CBE to decide upon the United Bank’s board of directors within days
Sources suggest a 3-month renewal
11.6% increase in assets of Egyptian banking sector during first 9 months of 2015: UAB
Regulatory actions taken by CBE s capable of protecting Egyptian banking sector…
Egyptian Real Estate Council to prepare initial draft of Real Estate Developer’s Union Law
The Union will classify real estate companies into categories according to the…
Government plans to borrow EGP 281.5bn from banks in next three months
Banks account for 75.5% of total releases of treasury bills and the…
Committee formed to establish 500,000 units of middle-class social housing
The project would be important in restoring balance to the real estate…
CBE contemplates range of scenarios to revive faltering factories and promote production
The Coordinating Council will discuss the CBE’s alternatives on 10 January, and…
NBE to increase retail loans to EGP 50bn by end of 2017
Retail loans reached 21% of the bank’s total loans portfolio, and will…
Pound lost 9% of its value against dollar in 2015, retreat to contine in 2016
The dollar’s value rose from EGP 7.18 in January to EGP 7.83…
Amer presents to Al-Sisi CBE efforts to stabilise prices, secure staple goods
The CBE governor met with the president to discuss the programme developed…
EGP 2bn increase in Banque Misr retail banking portfolio in FY 2014/2015
Bank spends more than EGP 19.24bn annually on salaries, transferred by public…