Egypt has reached a 46-month staff-level agreement with the International Monetary Fund under the Extended Fund Facility with a loan worth $3bn.
27.10.2022
|
News by
Ahram Online
The yield of golden certificates (three-year term starting from $500) will reach 5.30% annually, 5.25% biannually, 5.20% quarterly or 5.15% monthly.
09.10.2022
|
News by
Ahram Online
Banks spotted manipulation practices from some companies and individuals using their cards to withdraw foreign exchange abroad.
09.10.2022
|
News by
Daily News Egypt
The EBRD’s volume of investments in Egypt – a founding member of the bank – stands at nearly one billion Euros annually.
02.10.2022
|
News by
Ahram Online
CBE recently decided to keep interest rates unchanged and raise the Reserve Requirement (RR) ratio for the first time in five years.
28.09.2022
|
News by
Ahram Online
On the global level, the CBE said that forecasts for global economic activity have been dampened due to the conflict between Russia and Ukraine.
25.09.2022
|
News by
Ahram Online
Egypt achieved a primary surplus in FY 2021/2022, amounting to 1.3 percent of GDP.
22.09.2022
|
News by
Ahram Online
The median forecast in a poll of 15 analysts is for the bank to raise its deposit rate to 12.25% and its lending rate to 13.25%.
21.09.2022
|
News by
Reuters
The loan follows the success of the Green Economy Financing Facility (GEFF) in Egypt and will support an expansion of green lending.
13.09.2022
|
News by
Daily News Egypt
The Central Bank of Egypt (CBE) announced that the annual inflation rate rose by 16.7 percent in August, compared to 15.6 percent in July.
12.09.2022
|
News by
Ahram Online
EBRD President added that Egypt is going through a period of transformation that is highly competitive.
12.09.2022
|
News by
See news
In the first half of 2022, HD Bank reported higher consolidated net profits by 29.9% annually.
06.09.2022
|
News by
Zawya
GDP in the fiscal year from July 1, 2021 to June 30, 2022 increased more than three times from the fiscal year 2013-2014.
06.09.2022
|
News by
Macau Business
CIB tops list in terms of net profit at EGP 7.773bn, followed by QNB Alahli by EGP 4.754bn.
04.09.2022
|
News by
Daily News Egypt
Secretary General of the Union of Arab Banks (UAB) Wissam Fattouh said that Egypt came in the third position after Saudi Arabia and the UAE.
02.09.2022
|
News by
Egypt Today
Central Bank of Egypt (CBE) raised the maximum daily withdrawal limit for individuals and companies from bank branches from LE50,000 to LE150,000.
28.08.2022
|
News by
Egypt Independent
By residual maturity, short-term debt amounted to about $42.2bln in March 2022.
28.08.2022
|
News by
Zawya
In June 2022, the total value of payments through the InstaPay app reached nearly EGP 2.6bn and the number of transactions and increase of 500%.
22.08.2022
|
News by
itp.net
The decision came despite the expectations that went towards raising the rates by 50 or 100 basis points
21.08.2022
|
News by
Egypt Today
El-Sisi named Hassan Abdalla to succeed Tarek Amer, who had held the post since 2015.
21.08.2022
|
News by
Arab News
