IMF Middle East Development director hopes Egypt can secure $6bn by end of month to receive $12bn loan
Egypt in ongoing negotiations with China, Saudi Arabia, and G7 states to…
Government plans to borrow EGP 324.5bn in Q2 of FY 2016/2017
Launch of treasury bills tenders for EGP 300.25bn, bonds worth EGP 24.25bn…
CBE concludes week without changing pound’s price, contrary to market expectations
Market expectations inclined towards floating the exchange rate or reducing the value…
Tantawy appointed board member in EGX, in succession of El Dib
Tantawy will represent the FEB on the board of directors of the…
Contrary to market expectations, CBE fixes US dollar price in its regular auction
The bank directed the auctioned US dollar to cover imports of pharmaceutical…
Health sector requires $2.6bn annually from foreign exchange: Prime Minister
Pharmaceutical factories must continue to work at full capacity to cover local…
CBE did not submit data we requested on EGP 200bn initiative: parliament SMEs Committee
We have yet to know the total allocated amounts and the map…
Egypt’s banking sector is strong and capable of supporting economy, providing funding for projects: banking leaders
Positive effects from the IMF deal can already be seen, says Ozalp
The CBE’s strategy to encircle imports failed to save dollars
Egypt’s economy is linked to a number of imported raw materials, says…
CBE ignores increasing inflation, keeps interest rate unchanged contrary to expectations
With this decision, the interest rate on deposit remains at 11.75% and…