Tag: CBE

CBE to investigate future of interest rates

The market expects MPC to fix both loan and deposit rates

Daily News Egypt

13.9% growth rate of banks’ foreign deposits during March: CBE

Market witnessed competition in attracting foreign currency savings, according analysts

Daily News Egypt

EGP 23.3bn increase in bank loans in March: CBE

The private sector acquired 80.8% out of the total loan balances

Daily News Egypt

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