The first $1 billion tranche of a three-year, $3 billion loan from the World Bank to support Egypt’s budget.
06.02.2016 The Daily Star
Egypt, which relies heavily on imports, has been facing a shortage of foreign currency since a 2011.
06.02.2016 Zawya
Egypt has also received $1 billion loan from the World Bank as part of a $3 billion package over 3 years.
02.02.2016 Ahram Online
The year 2015 brought welcome stabilisation and recovery to Egypt, after a difficult post-revolution period marked by upheaval and sluggish growth.
30.01.2016 Oxford Business Group
The government projects growth of around 5.5 percent this fiscal year, compared with an estimated 4.2 percent in 2014/15
30.01.2016 Ahram Online
The bank raised the monthly limit to $250,000 from $50,000 for importers of food, machinery, spare parts, capital goods and medicine.
27.01.2016 Bloomberg Business
Company accounts for about 90% of ATMs in Egypt, says Africa Managing Director.
23.01.2016 Daily News Egypt
The money comes in the form of aid and chinese investments in Egypt.
22.01.2016 Business Insider
Amer said the offerings would not include state bank giants National Bank of Egypt and Banque Misr.
20.01.2016 Ahram Online
The CBE said earlier it would require lenders to apportion 20 percent of their total loaning portfolio for SMEs, with interest rates below 5%.
19.01.2016 Ahram Online