CBE Deputy Governor clarifies regulators on dollar cap increse
Officers from banking operations expressed uncertainty regarding several features of the new…
Egypt imports 60,000 tonnes of Romanian wheat
The GASC announced two tenders for the procurement of wheat shipments in…
Banks direct foreign currency to importers as commodities are held at ports due to dollar shortage
To reduce dollar shortage crisis at banks, the foreign currency deposit cap…
Orascom expected to offer firm bid to acquire CI Capital this week: Sources
Orascom began addressing private banks to guarantee 40% of deal worth, EGP…
Low-income home buyers to be focus of Housing and Developing Bank’s 2016 plan
In the past year, the HBD granted EGP 750m to approximately 10,000…
Decline dominates trading on MSCI last week
The market declined on the first and second trading days before picking…
Financial Services Institute to bring financial leasing companies in accord with new legislation
The training programme aims to help companies manage risks and to ensure…
Al Thamarat Association plans to establish charity investment fund
Mubasher Trade is candidate to manage fund for free, EFSA requires involvement…
Minister of International Cooperation attains ‘miracle’ World Bank loan to be directed to general budget: Minister of Investment
Palm Hills sales of approximately EGP 6.5bn, its decision to distribute liquidity…
EGAS decreases gas imports to 650m cubic feet per day
LNG shipment will arrive to Sokhna Port to connect to national gas…