What are the challenges facing the Egyptian economy in the eyes of dealers?
Chief financial officers and heads of treasury sectors at banks (dealers) are…
Crédit Agricole resumes use of prepaid, credit cards for online purchases
The bank noted that if a client uses different cards, the spending…
Loans granted by banks see EGP 60bn increase in May
The total loans granted by banks to their clients, aside from the…
Government policies increase poverty, future for the poor seems bleak: expert
Poverty in Egypt will increase throughout the year, as the government did…
CBE denies any amendments to maximum foreign currency amount allowed to exit Egypt
The recent regulations did not include the foreign exchange, the CBE said…
CBE to hold exceptional $1.5bn auction
CBE sold $200m to banks operating in the local market at rate…
CBE removes limits on foreign currency deposits and withdrawals for companies importing goods and basic products
CBE’s new decision was put into practice on Wednesday 9 March
CBE removes caps on foreign currency deposits, withdrawals for individuals
The central bank has issued new regulations to fund acquisitions
CBE decides to raise maximum foreign currency deposit cap to $250,000 monthly
Decision applies only to companies to facilitate import operations of main and…
Trade balance deficit increases by 38.8% YoY in July: CAPMAS
Egypt's trade balance continues to face a deficit, despite the state announcements…
