World Bank to present mortgage system plans in Egypt
Bank participates in social housing programme providing $500m towards 1m housing units…
CBE decreases issuance of weekly FX auctions
The step was taken to increase the supply of the US dollar…
Egypt’s foreign reserves post largest rise since December 2011
International foreign reserves jumped to $20.5bn at the end of April 2015,…
EFSA preparing 1st real estate financing federation elections
The Egyptian Financial Supervisory Authority (EFSA) is participating in the “Mortgage Development…
$6bn in Gulf deposits temporarily eases Egypt’s economic burdens
Analysts say GCC deposits beef-up foreign reserves and boost local currency
CBE reduces commission of credit letters to facilitate imports
Egypt’s imports face decrease, suffer from dollar shortage, says Chief of Importers…
EFI, CBE meeting on cashless society proposal postponed
Draft law will help stabilise Egyptian economy and organise market and economic…
IMF Middle East and Central Asia director welcomes CBE dollar policy
The IMF is alert to the formation of growth and relating it…