Egypt renews its support for comprehensive political settlement in Syria: Shoukry
Ahmed Abu Zeid, the spokesperson for the Ministry of Foreign Affairs, said that the visit witnessed a closed bilateral meeting between the foreign ministers of the two countries, followed by…
Central Bank of Egypt considers raising banks’ reserve requirement
The source added that the Central Bank of Egypt could hike the reserve ratio by 3% to 21% up from 18% currently
Banks discuss amending interest rates on their savings, loan products
Interest rates of variable-return certificates, some loan products rise automatically
Egypt, EU discuss cooperation in economy, migration
The high-level event was attended by senior officials of DG HOME, the European External Action Service, and the EU delegation, the board of Alexandria Chamber of Commerce, EU member state’s…
Hermes Brokerage tightens its grip on EGX trading in 1Q 2023
Arab African International Securities jumps 6 positions during past quarter
Industry Ministry hands over contracts for 113 industrial units to 60 investors in New Fayoum
These units have been made available with complete utilities through ownership and rent systems. The most important productive activities of the units received in the two industrial complexes are chemical,…
Egyptian government intends to borrow EGP 1.062trn in 1Q 2022/2023
Finance Ministry aims to issue 52 T-bill offers worth EGP 1.0335trn, 18 bond offers worth EGP 29.25bn from April to June 2023
ADIB Egypt obtains CBE’s approval to issue prepaid ‘Takka’ cards
ADIB Egypt obtains CBE’s approval to issue prepaid ‘Takka’ cards
Banks offer EGP 4bn to 172k small, micro enterprises in Decent Life initiative: CBE
52k bank accounts, 13k mobile wallets were opened in villages