Dollar rises first day of FX auction
Last week, the market suffered dollar scarcity which handicapped importation, and frustrated…
Al-Oqda to liquidate banking sector’s development and modernisation fund
The total number of money paid in salaries for public bank employees…
CBE governor denies resignation
The governor of the Central Bank of Egypt (CBE) Farouk Al-Oqda denied…
Government guarantees two huge electricity projects
Electricity projects are expected to be funded by private sector investments via…
Government discusses ways to amend new tax decree
Minister of industry and foreign trade discusses increase of diesel prices with…
Banque Misr chases Turkish delights
The bank’s chairman denied any political motivations behind the office’s inauguration
Central Bank to issue more bonds and treasury bills
The Ministry of Finance announced the Central Bank of Egypt is to…
Foreign reserves on the threshold of stabilisation
Nasser Youssef Mokhtar Youssef, member of the Board of Directors with the…