Latest Business News
Demands continue for dollar liquidity for imports
CBE has pumped $4.8bn in liquidity since the start of 2015
Strategic wheat stock sufficient until start of 2016
Minster of Supply celebrates opening of EGP 60m-developed grains’ silo and port…
Banque Misr provides EGP 1.75bn share in EEHC loan: Bank chairman
Loan will be directed to pay part of EGPC’s dues
CBE made bold decisions during Al-Sisi’s first year: Banking leadership
Decreasing the pound’s value against the dollar, limiting foreign currency deposits in…
Al-Sisi and his government’s resume highlights
The new canal will be established to increase the Suez Canal’s capacity…
Egypt’s dollar bonds attract more than 290 investors from foreign markets: Dimian
Distribution of 45% of bonds in USA, 35% in UK, 11% in…
Presidential decrees see economic landscape’s alteration
Some controversial decisions are still awaiting final cabinet approval to be sent…
Public debt increases to 93.8% of GDP, poses risk to economy: Economists
High rate of public debt makes banks unable to fund budget deficit,…
Al-Sisi’s economic progress: Promises vs. actions
Prior to his election, president was widely criticised for not releasing his…
CBE to fix deposit, loan interest rates
Financial Policy Committee has fears over growth rates with the deflation of…