walter Raymond

sherif park

08861 Perth Amboy

Poland

Telephone: 5168565370

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Telefax: 08861

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Finance - Bank

Finance news

World Bank raises its growth forecast for Egyptian economy to 4.2% in 2024/25

The bank has lowered its expectations for Egypt's economic growth during the current year to 2.8 percent from its previous estimates of 3.5 percent.

Central Bank of Egypt Raises ATM Withdrawal Limits to EGP 30,000

Previously, the limit for ATM withdrawals was EGP 20,000, and for withdrawals from bank branches was EGP 150,000.

Egypt’s inflation eases to 33.3% in March following float of the EGP

Now that the EGP is trading in banks for considerably less than on the parallel market before the float, inflationary pressures have begun to ease.

Egypt's Fawry private offering 15.9 times oversubscribed on stock exchange - statement

Investment bank EFG Hermes said the share price was 6.46 Egyptian pounds ($0.3874) per share.

Egypt’s foreign reserves jump to $40.36 billion in March

This reflects a growth of approximately 14.4 percent compared to the previous month’s figure of $35.31 billion.

Finance Events

Seamless North Africa 02.07.2024

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