Banks delay raising interest rates on pound savings until return from debt instruments increases
The banks started to hold intensified meetings on Sunday morning to discuss…
Banque Misr arranges EGP 43.5bn loans to several economic sectors
Loans will be granted to construction, shipping, electricity, and energy sectors, among…
Calls to Housing Ministry to allocate part of new capital for housing
Abdallah expects no less than EGP 20bn in revenues from selling those…
NBE arranges loans for electricity sector worth EGP 39.4 in five years
The bank intends to support the national economy by funding national projects
Visa will present Egypt with new opportunities for financial inclusion: Senior VP
Poverty alleviation requires multiple policy interventions and financial inclusion is just one,…
Egypt suffers under weight of excessive importing: Deputy CBE Governor
We spent $76bn on imports last year, of which $16bn did not…
CBE Governor denounces media reports on Egypt delaying payment of foreign dues
The CBE covers the state’s requirements of the strategic and basic commodities,…
Banks to discuss deposits and loans, await decisions on return on debt instruments
Banks are meeting after the CBE lifted its basic interest rate by…
Global challenges may affect Egypt’s GDP growth: CBE
Monetary Policy Committee increased pound’s interest rate to counter inflationary pressures
Banque Du Caire offers youth electronic shopping card
The card is one of the bank's many products that aim at…