These new investments will be in the sectors of financial technology, real estate development, chemical industries, and engineering industries.
28.03.2024
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News by
Egypt Independent
According to a recent report, CBE noted a decrease in the ratio of non-performing loans to 3% at the close of 2023.
25.03.2024
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News by
Daily News Egypt
This has resulted in the prompt release of goods, particularly food commodities, medicines, feed, and production necessities.
25.03.2024
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News by
Egypt Today
Commercial International Bank (CIB) has raised the yields on its new EGP-denominated fixed-rate certificates of deposits (CDs) by two percent.
25.03.2024
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News by
Ahram Online
The exchange rates of foreign and Arab currencies declined against the Egyptian pound at the end of trading on Tuesday in Egyptian banks.
20.03.2024
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News by
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The bank announced that this support includes $3 billion for financial backing to Government’s programs and $3 billion for the private sector.
19.03.2024
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News by
SIS
Credit rating agency Moody’s announced on Tuesday that it has changed the ratings and estimates of five internationally ranked Egyptian banks.
14.03.2024
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News by
Egypt Independent
Al-Ahly Exchange Company accounts for the largest proportion of the proceeds, with a value of EGP 577 million since the decisions of the Central Bank.
13.03.2024
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News by
Egypt Today
The amount will include the first and second review tranches, which were postponed earlier.
13.03.2024
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News by
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Banks operating in the Egyptian market have begun raising credit card withdrawal limits following orders from the Central Bank of Egypt.
11.03.2024
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News by
Egypt Independent
Head of Egypt’s Banks Federation Mohamed El-Etreby urged caution amid an influx of hard currency into Egypt.
11.03.2024
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News by
Ahram Online
Egypt secured an additional $5 billion in IMF loans on Wednesday, the two sides said, after the central bank hiked interest rates.
07.03.2024
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News by
France 24
The state has recently raised interest rates by 6 percent to contain inflation and support citizens.
07.03.2024
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News by
Ahram Online
Egypt’s pound hit a record low against the dollar on Wednesday after its central bank hiked interest rates by 600 points and devalued the currency.
07.03.2024
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News by
cnbc
The National Bank of Egypt (NBE) decided to offer a three-year certificate with a decreasing interest, at an annual price of 30% for the first year.
07.03.2024
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News by
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On Wednesday morning, the Central Bank of Egypt raised interest rates by 600 basis points, equivalent to 6%, to reach levels of 27.25%.
07.03.2024
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News by
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The average price of the dollar in the banking market reached EGP 49.4743 for buying and EGP 49.5743 for selling, according to the CBE
07.03.2024
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News by
Daily News Egypt
Egypt's broader efforts to increase the proportion of renewable energy in its total energy generation to approximately 42 percent by 2030.
04.03.2024
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News by
Egypt Today
The offer was originally submitted on 14 December 2023, according to a bourse filing.
04.03.2024
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News by
Zawya
Representatives of the EBRD Board of Directors will visit Egypt from 25 February to 1 March 2024.
28.02.2024
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News by
EBRD
