Financial institutions in Egypt
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IMF projects decrease in Egypt’s inflation rate in 2016 and 2017
Credit rating agency Fitch projected last month an increase in inflation levels in Egypt, given the weaker exchange rate.
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Egypt’s cash transfer programme reaches half-a-million beneficiaries
The programs aim to reach 1.5 million poor families in a country where the poverty rate is above 26 percent.
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Egypt to hold investments talk with World Bank
Nasr will also be leading an Egyptian delegation to Washington that will discuss financial solutions to Egypt’s challenges.
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Egypt's financial regulator issues rules for covered bonds
More corporate issuance would give companies an important channel to raise funds for investment.
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Egypt's foreign currency reserves slightly up in March
The central bank will repay $800 million to the Paris Club and the remaining $1 billion it owes to Qatar next July.
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Army’s control on market does not affect businessmen
Naguib Sawiris has supported the economic role played by the army, yet expressed concerns that this could affect its main role in defense.
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NBK-Egypt posts $64m net profit, up 53pc
The net loans and advances reached EGP13.8 billion at year-end 2015, up 37.4 per cent compared to the previous year.
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Egypt's Sawiris says CI Capital acquisition stalled by security
Sawiris said a state bank had also withdrawn a loan offer meant to help finance the deal. He did not name the bank.
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Egypt's Banque Misr in talks for 300 mln euro syndicated loan
Egypt's reserves fell to around $16.5 billion in February, from about $36 billion before an uprising in 2011.
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Egypt banks to seek new chiefs under term limit rule
The central bank issued a nine-year term limit for banks top executives, described as an effort to revitalize the industry.