Egypt’s net international reserves (NIRs) dropped in May to $35.5 billion, down from $37 billion posted in April.
07.06.2022
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News by
Ahram Online
New issuance’s proceeds will be pay off previous bid that was put forward on 8 June 2021.
05.06.2022
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News by
Daily News Egypt
The Ministry of Finance raised the customs dollar exchange rate to EGP 18.64 from EGP 17 starting Wednesday's transaction.
02.06.2022
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News by
Ahram Online
The annual meetings of the Islamic Development Bank (IsDB) Group kicked off on Wednesday in Sharm El-Sheikh, Egypt hosts for 1st time since 1991.
02.06.2022
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News by
Ahram Online
MPC decided that raising policy rates is necessary to contain inflationary pressures, which is consistent with achieving price stability.
22.05.2022
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News by
Daily News Egypt
This comes alongside the introduction of the ‘HSBC Roar Initiative’, which enables female entrepreneurs to access a series of masterclasses.
18.05.2022
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News by
Daily News Egypt
The Prime Minister explained that foreign direct investments decreased due to the global economic and the Russian-Ukrainian crises.
16.05.2022
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News by
Egypt Independent
A new banking challenger, Misr Digital Innovation (MDI), is gearing up for launch in Egypt as the country’s first fully digital bank.
16.05.2022
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News by
Fintech Futures
Minister of Finance Mohamed Maait announced that the government is considering issuing Yuan-dominated bonds that will target Chinese market.
16.05.2022
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News by
Ahram Online
On 1 July, Egypt’s FY 2022/23 budget will be rolled out with a total value of EGP 9.2 trillion, the highest in the country’s history, growing by 16.3.
16.05.2022
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News by
Ahram Online
The bank is also facilitating supply operations from farmers and receiving all wheat supplied from them.
10.04.2022
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News by
Daily News Egypt
Egypt’s headline annual inflation rate registered 12.1 percent in March of this year compared to 4.8 percent in March of last year.
10.04.2022
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News by
Ahram Online
We look forward to the bank’s efforts to reduce the cost of green finance in developing countries: Finance Minister.
03.04.2022
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News by
Daily News Egypt
Last week Egypt said it was in talks with the International Monetary Fund for potential funds and technical support to hedge.
03.04.2022
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News by
Reuters
The application was developed by Egyptian Banks Company, the CBE’s technological arm, under the guidance of its umbrella company.
30.03.2022
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News by
Egyptian Streets
Egypt issued on Thursday Japanese Yen*-dominated bonds with a total of $500 million, the first of their kind in Egypt and the Middle East.
27.03.2022
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News by
Ahram Online
The Central Bank of Egypt has raised its key interest rate for the first time since 2017, citing inflationary pressures triggered by the coronavirus.
23.03.2022
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News by
abc news
This is given the EFGH outsized influence over Egypt's financial markets and supercharged growth of its fintech businesses.
01.03.2022
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News by
Reuters
Egypt banks extended finances worth EGP 253 billion to about 8,800 beneficiaries in the industrial, agricultural and construction sectors by end 2021.
27.02.2022
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News by
Ahram Online
Egypt has named six international lenders, including Citigroup Inc. and HSBC Holdings Plc, to manage its first sale of sovereign Islamic bonds.
24.02.2022
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News by
Bloomberg Business
