Tag: CBE

External debt declines to $39.9bn in March: CBE

March's figures compare to June 2014, where debt amounted to $46.1bn

Menna Samir

Initiative to postpone payment of tourism dues to end of this year

Losses of tourist activity nears $10bn over the past four years, using…

ABK acquires Piraeus-Egypt for $150m

Al Ahli Bank of Kuwait acquires 98.5% of Piraeus Bank - Egypt…

Shaimaa Al-Aees

Global Islamic Funds expected to grow to $77bn by 2019

84% of total Islamic AUM held in eight countries, Saudi Arabia and…

Menna Samir

Egypt targets $6bn-$8bn FDIs for FY 2014/2015: Salman

Stock exchange tax must be stopped to deepen the market, executive regulation…

Mohamed Ayyad

Central Bank of Egypt leans on currency devaluation

By Oxford Business Group A series of moves by the Central Bank…

Daily News Egypt

Standard & Poor’s positive outlook on Egypt reflects well on investment: Economist

Agency raised Egypt's economic outlook from stable to positive, affirming long- and…

Menna Samir

CBE, EFSA cooperate for financial education programme

The proportion of Egyptians dealing with banks is 10%, says EBI executive…

Shaimaa Al-Aees

Piraeus Egypt has highest retail banking portfolio growth for 2014

The slowdown rate in Piraeus Bank-Egypt’s credit portfolio has declined, according to…

Daily News Egypt

Procedures for 1st mortgage union to be finalised before Ramadan: EFSA Head

CBE allocates EGP 10bn to revive mortgage initiative, expected to be spent…

Shaimaa Al-Aees