CBE to offer treasury bills worth $700m
CBE will allow local banks and foreign institutions to subscribe to the…
Egyptian banking sector EGP 2tn in 2014: Fayed
Bank deposits increased 17%-20% over last three years, loans increased by 10%
CBE agrees to cover 50% of foreigners’ money upheld in Egyptian market since 2013
There has been a crisis in upholding foreign traders’ money in the…
Cash reserves fall by $1bn in May: CBE
Government works to attract investments of between $6bn-$8bn by the end of…
CBE controls importers’ manipulations
Banks activate automated “Model 4” to determine real importing demands
Initiative to postpone payment of tourism dues to end of this year
Losses of tourist activity nears $10bn over the past four years, using…
Dollar exchange rate forces increased automotive prices
Sector workers cannot keep up with increase in taxes and customs
Egypt targets $6bn-$8bn FDIs for FY 2014/2015: Salman
Stock exchange tax must be stopped to deepen the market, executive regulation…
Central Bank of Egypt leans on currency devaluation
By Oxford Business Group A series of moves by the Central Bank…