The Egyptian government is in talks with the International Monetary Fund for a new timeline for the loan deal, Prime Minster Mostafa Madbouly said.
21.12.2023
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News by
Ahram Online
Banks operating in Egypt on Sunday resumed collecting fees on opening accounts (current or savings), adhering to the minimum account balance.
19.12.2023
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News by
Egypt Independent
Many analysts believe Egypt will wait until January, well after the Dec. 10-12 vote, before hiking interest rates or devaluing the currency.
19.12.2023
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News by
Reuters
The number of ATMs with features supporting people of determination in Egypt surged by nearly 23 percent to 4,950 in December from around 4,000 in Jan
19.12.2023
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News by
Ahram Online
Owners are interested in the best ways to employ them, and whether public banks will tend to offer CDs with higher returns in retaining this money.
19.12.2023
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News by
Egypt Independent
British bank HSBC projected the Egyptian pound to experience devaluation, reaching EGP 40-45 against the US dollar, during the first quarter of 2024.
17.12.2023
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News by
Ahram Online
At the European Universities in Egypt, Emirates NBD-Egypt made a resounding statement by offering the youth segment free accounts and debit cards.
17.12.2023
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News by
Egypt Today
This article delves into why Egypt might consider this financial strategy, the implications for its economy, and the role of the IMF.
Papers by
Egypt Business Directory
Additionally, the EBRD is considering granting a €165 million loan to Egypt to modernize the electrical grid and reduce pollution.
14.12.2023
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News by
Ahram Online
EBank plays a pivotal role in this venture, aligning with Egypt’s strategic efforts to transform into a global trade and logistics nexus.
13.12.2023
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News by
Daily News Egypt
He argues higher interest rates would not benefit the national economy, banks, or individuals, nor would they aid in achieving inflation targets.
11.12.2023
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News by
Daily News Egypt
The exchange rate of the Egyptian currency will remain within the range of 31 pounds to the dollar at the beginning of next year.
10.12.2023
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News by
Egypt Independent
As Egypt explores the possibility of introducing its digital pound, here are 10 essential facts that readers need to know about this.
Papers by
Egypt Business Directory
In October, Egypt's NIR also witnessed a growth, to reach $35.1 billion compared to $34.97 billion in September, as reported by the CBE.
08.12.2023
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News by
Egypt Today
The IMF is currently discussing with Egyptian authorities providing additional financing to ensure the successful implementation of the policy package
08.12.2023
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News by
Ahram Online
AUC announced that Sherif Kamel, dean of the School of Business Administration, has joined the Board of Directors of the CBE.
07.12.2023
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News by
Ahram Online
Egypt is also considering issuing a second “sukuk” tranche and issuing sustainability bonds ranging from $500 million to one billion dollars next year
07.12.2023
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News by
Egypt Independent
Kristalina Georgieva expects the fund to increase the value of the loan provided to Egypt due to the impact of external factors on its economy.
06.12.2023
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News by
Ahram Online
IFC partnered with Al Baraka Bank Egypt to offer $50 million in finance for Egyptian micro, small and medium-sized enterprises.
06.12.2023
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News by
Ahram Online
