Minister of Finance Ahmed Kouchouk discussed in a meeting with the International Monetary Fund (IMF) Managing Director Kristalina Georgieva.
29.07.2024
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Ahram Online
Egypt’s growth indicators are ticking up, the currency is stable, and external finances are correcting sharply, time for an interest rate cut.
28.07.2024
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economy middle east
They look to diversify their business models and boost profits. Fitch believes that several banks in the GCC are seeking to acquire Egyptian banks.
28.07.2024
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African Business
Net foreign assets represent the assets of the Central Bank of Egypt and the country's commercial banks, held by non-residents, minus their liability.
25.07.2024
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Onebank will provide customers with fully digitalised banking services, with 24/7 online availability.
22.07.2024
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Scene now
In April, the IMF maintained its projection for Egypt’s real GDP growth in 2024 at 3 percent, declining by 0.8 percent compared to 2023 estimation.
17.07.2024
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Ahram Online
In Egypt, 26.5 per cent of youth are unemployed and many employed individuals tend to work in jobs that lack job security and stability.
17.07.2024
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EBRD
The board approval for the third review of Egypt's expanded $8 billion loan program was originally expected on July 10.
14.07.2024
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Reuters
The cash withdrawal limit for international transactions remains at $50 for most cards.
14.07.2024
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Daily News Egypt
BMI, a Fitch Solutions company, expected the Central Bank of Egypt (CBE) to keep its monetary tightening policy on hold.
11.07.2024
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Ahram Online
The net open foreign currency positions as a percentage of total capital base improved significantly to 5.7 percent in March 2024.
08.07.2024
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Egypt Today
Egypt's net international reserves (NIRs) rose to $46,3 billion at the end of June, the highest level since the COVID-19 pandemic outbreak.
08.07.2024
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Ahram Online
Al-Homsani explained that the meeting focused on discussing the collaborative efforts between the government and the Central Bank.
07.07.2024
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Egypt Independent
CBE added the growth rates of financial inclusion for youth (age group from 16 to 35 years) reached about 48.5% during the period from 2020 to 2023.
07.07.2024
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Once approved by the Executive Board, the IMF will disburse $820 million as a third tranche of the loan to Egypt.
01.07.2024
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Ahram Online
Some state-owned and private banks in Egypt raised on Tuesday the limits of credit cards when being used abroad.
26.06.2024
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Ahram Online
CBE impact on market stability, price reduction, and inflation control is evident through several measures adopted in coordination with state agencies
24.06.2024
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Daily News Egypt
The first auctions stood at EGP 25 billion and will mature in 182 days on 24 December this year, according to official data.
24.06.2024
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Zawya
Bank working hours begin after the end of the Eid Al-Adha holiday at 9 am for banks until 2 pm.
23.06.2024
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The Ministry of Finance confirmed that 20 million pounds “change” was issued in coins on the occasion of Eid Al-Adha.
18.06.2024
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