No waiting lists for dollar, we provided $71bn since November 2015: CBE Governor
Egypt will pay $1.5bn of foreign oil companies arrears in 2017
CBE provides $600m to settle dollar debts of about 570 companies
Companies will repay their debts—that resulted from fluctuations of exchange rates after…
Dollar continues decline, expected to stand at EGP 16 in short term
The price of the pound against the dollar will reach equilibrium in…
Does EGP improvement reflect real economic recovery?
A strong economy with a weak currency is better than a weak…
Banks experiencing significant disposal operations of foreign currency; dollar registers lowest level since November 2016
Significant decline in Arab and foreign currencies traded in domestic market due…
Sales of pharmaceutical companies increase by EGP 10bn, growing by 31%
Factories’ revenues amounted to EGP 5bn in November, despite calls for raising…
Egyptian pound’s value drops by 98% since 1979
According to data collected from the International Monetary Fund (IMF), Bloomberg, and…
Egypt’s treasury bonds: high interest, but for what?
The government of President Abdel Fattah Al-Sisi promised to carry out a…
Banque Misr financed import operations worth $2bn, post-flotation collection of US dollars surpassed $1bn
We aim to increase MSMEs financing to EGP 25-30bn by 2019, branches…