Tag: Central Bank of Egypt

Banks to begin paying returns for Suez Canal certificates Sunday

The value of the first instalment is estimated to be approximately EGP…

Daily News Egypt

Tourism sector asks banks to postpone debt repayment to end of 2015

Banking system owed EGP 10bn from tourism sector, workers hope to postpone…

Abdel Razek Al-Shuwekhi

EGP 10.5bn to support budget deficit by Egyptian banks

NBE-led union collects loan worth $1.5bn to pay portion of the dues…

Shaimaa Al-Aees

US delegation investigates investment climate, includes potential investors

Meeting held Saturday between American Chamber of Commerce members and Prime Minister…

Mohamed Ayyad

Foreign reserves register $1.7bn year-on-year decrease in October

October’s figure marks the fourth consecutive increase in foreign currency since a…

Doaa Farid

Saudi Arabia allocates $350m to Egypt in 3 agreements

The agreements include two electricity stations in Western Damietta and El-Shabab

Mohamed Ayyad

Successful overseas dollar bonds launch will strengthen Egyptian economy: Experts

Analysts call government’s determination to offer dollar bonds during first quarter of…

Abdel Razek Al-Shuwekhi

Domestic liquidity increases to EGP 1.545tn: CBE

Rise in domestic liquidity during July reflects increase in net domestic assets…

Daily News Egypt

Euromoney Conference: Construction and real estate sectors need better governance: Real estate developers

Egypt’s construction and real estate market has growth potential, says real estate…

Doaa Farid

$6bn foreign direct investment in FY 2014/2015: Investment minister

Egypt’s total foreign direct investments for FY 2013/2014 measured $6bn, Investment Minister…

Mohamed Ayyad