Banks obliged to reconcile their conditions under its provisions within 1 year, transition period can be extended for 2 years.
27.09.2020
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News by
Daily News Egypt
What will CBE do about interest rates? Goldman Sachs predicted it in their new report where they hailed Egyptian economy as a strong emerging market.
Papers by
Egypt Business Directory
The initiative also enables new and existing bank customers to make transfers, purchases and cash withdrawals from ATMs for free.
23.03.2020
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News by
Egypt Independent
HSBC Egypt has joined SWIFT global payments innovation service (gpi), enabling greater digital tracking, speed, and certainty of cross-border payments
22.12.2019
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News by
MENA FN
The initiative aims to encourage young people to establish successful projects and support small projects in the informal sector.
26.11.2019
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News by
MENA FN
The International Islamic Trade Finance Corporation says is eager to further its support for Egypt’s economic reform programme.
21.10.2019
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News by
Ahram Online
Under the signed deal, the government debt instruments will be linked with Euroclear's local currency to help reduce public debt.
20.10.2019
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News by
Ahram Online
Egypt is discussing possible further assistance from the IMF to help it carry out structural reforms once its current three-year IMF programme ends.
07.10.2019
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News by
Business Report
Inflation rates slowed to almost 4.9% annual rate in August. Despite interest rate cuts, Egypt is becoming more attractive for investors.
Papers by
Egypt Business Directory
The overnight lending rate was cut by 150 basis points to 15.25%, the bank said in a statement after a meeting of its monetary policy committee (MPC).
26.08.2019
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News by
Reuters
The collaboration includes, but is not limited to combatting financial crime and conducting consolidated supervision of common firms.
18.08.2019
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News by
Islamic Business and Finance
The US dollar was sold at LE17.13 and bought at LE17.03 at the National Bank of Egypt, Banque Misr, the Arab African International Bank and others.
14.05.2019
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News by
Egypt Independent
