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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Banks will present their recommendations to the CBE’s governor, since the law allows the latter to reject officials.
12.03.2017 Daily News Egypt
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The Planning and Budget Committee says the country's IMF reforms have begun to pay off, depressing demand for USD and causing its value to drop 5%.
16.02.2017 Ahram Online
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The IMF deal was approved by the cabinet on 11 January, but is yet to be approved by parliament.
19.01.2017 Ahram Online
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Criminal investigations against six unnamed persons are now underway, the OAG said in a statement, while 430 million francs remains frozen.
19.12.2016 The Business Times
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Recent worldwide events, including the Istanbul bombing, will shield the Egyptian stock market from any potential repercussions of the church bombing.
13.12.2016 Al-Arabiya
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CBE had decided in early November to float the pound and raise key interest rates as part of a set of reforms aimed at alleviating the dollar shortage
22.11.2016 Ahram Online
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The mandate brings the division’s Egypt-focused assets under management (AUM) to EGP 10.5 billion.
10.11.2016 Reuters
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She said she would recommend that the IMF Executive Board approve Egypt's request for $12 billion in loans when it meets this Friday.
10.11.2016 NZ Herald
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Last Thursday, Egypt floated its currency and increased the prices of subsidised fuel.
09.11.2016 Ahram Online
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Egyptian lenders need billions of dollars to meet demand from businesses starved for dollars.
09.11.2016 Bloomberg Business
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