A comprehensive overview of banks in Egypt - including state-owned, private, and international institutions, as well as the latest finance news. See also the
Top10 banks in Egypt.
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Last month, the IMF appeared to shift its emphasis from the exchange rate to inflation targeting.
11.01.2024 Yahoo Finance
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A mission from the World Bank arrived in Egypt on Tuesday for a multi-day visit to discuss the development of the country's State Ownership policy.
11.01.2024 Ahram Online
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The source added that NBE’s proceeds exceeded LE17 billion, while Banque Misr’s reached about LE15 billion on Monday.
10.01.2024 Egypt Independent
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The World Bank downgraded its forecasts for Egypt’s real GDP growth for 2024 to 3.5 percent from 3.7 percent in a previous estimate.
10.01.2024 Ahram Online
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U.S. Treasury Secretary Janet Yellen will meet with top Egyptian finance officials in Washington on Tuesday.
10.01.2024 Reuters
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The Central Bank of Egypt (CBE) has instructed all banks operating in the country to apply a minimum interest rate of 24 percent on loans.
10.01.2024 Ahram Online
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Inflation has eased from a historic high of 38.0% in September, but inflation risks are growing again.
09.01.2024 Reuters
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Egypt is set to adopt a flexible exchange rate policy to adjust the pound’s value against the US dollar to meet a 39.61 rate planned by 2028.
08.01.2024 Ahram Online
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On Thursday, NBE and Banque Misr announced the issuance of new CDs, offering annual yields of 23.5 percent and 27 percent, respectively.
08.01.2024 Ahram Online
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Cabinet spokesman Mohamed El-Homsany said that an IMF delegation is visiting the country this month to conduct further consultations.
08.01.2024 See news
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