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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Inflows of hard currency may be slow to arrive, at least in the huge volumes required to eliminate the dollar shortage and bring investors.
08.11.2016 business Insider
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The exchange rate will be set by “supply and demand,” Amer said.
03.11.2016 Bloomberg Business
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Egypt’s economy has been suffering from a shortage of hard currency that officials have said a $12 billion loan from the IMF would help solve.
03.11.2016 The Daily Star
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As previous devaluations show, it is necessary to have a sufficient liquidity shield to maintain control over Forex market.
25.10.2016 Investing.com
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Barclays is thus ending its 150 years of history in Egypt, where it has around 56 branches and 1,500 employees.
06.10.2016 Zacks
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Banque Misr may approve a limited increase of the interest rate on short-term savings funds.
20.06.2016 Daily News Egypt
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Bank collected $500m from foreign currency saving schemes.
23.05.2016 Daily News Egypt
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Annual urban consumer inflation eased for the third consecutive month in March to 9 percent from 9.1 percent in February.
01.05.2016 Ahram Online
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Egypt's public prosecutor is investigating several bureaus accused by the central bank of hoarding dollars.
27.04.2016 Ahram Online
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The central bank will repay $800 million to the Paris Club and the remaining $1 billion it owes to Qatar next July.
05.04.2016 Ahram Online
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