The government projects growth of around 5.5 percent this fiscal year, compared with an estimated 4.2 percent in 2014/15
30.01.2016
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News by
Ahram Online
The bank raised the monthly limit to $250,000 from $50,000 for importers of food, machinery, spare parts, capital goods and medicine.
27.01.2016
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News by
Bloomberg Business
Company accounts for about 90% of ATMs in Egypt, says Africa Managing Director.
23.01.2016
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News by
Daily News Egypt
Amer said the offerings would not include state bank giants National Bank of Egypt and Banque Misr.
20.01.2016
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News by
Ahram Online
The CBE said earlier it would require lenders to apportion 20 percent of their total loaning portfolio for SMEs, with interest rates below 5%.
19.01.2016
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News by
Ahram Online
The governor said that the push to coordinate economic policy with the government was an indication to Egypt’s determination to enact reforms.
15.01.2016
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News by
The Daily Star
CBE decision will help reduce credit investments given to VIP clients from 20 to 15% It will also reduce investments in monetary fund from 5 to 2.5%.
14.01.2016
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News by
All Africa
Central Bank cut the maximum amount that banks are allowed to lend to a single client to 15 percent of their Tier One capital, down from 20 percent.
12.01.2016
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News by
Reuters
Egypt's economic growth is forecasted to slow to 3.8 percent in fiscal year 2015/16 from 4.2 percent expected in 2014/15.
08.01.2016
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News by
Ahram Online
Egypt has found a lifeline in tens of billions of dollar loans and deposits from Gulf countries.
06.01.2016
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News by
Star Africa
The loan will be guaranteed by the Italian central bank and the Italian export development authority,
05.01.2016
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News by
Ahram Online
Earlier this month the CBE said it changed the way it allocated dollars at its regular foreign exchange auctions, which it holds three times a week.
26.12.2015
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News by
Business Recorder
CBE has agreed with the government to collaborate on designing policies that “will contribute positively to economic growth and job creation.”
26.12.2015
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News by
Bloomberg Business
The deal gives Egypt free trade access to seven new African nations.
26.12.2015
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News by
Ahram Online
Three out of five economists surveyed by Ahram Online expect the Central Bank of Egypt to raise benchmark rates to combat inflation.
24.12.2015
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News by
Ahram Online
The move, which will come into effect in January, aims to limit imports of products with domestic alternatives in order to shore up limited resources
22.12.2015
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News by
Ahram Online
HSBC Holdings PLC has approved to give a support for its Egyptian unit's capital through retained earnings, CEO and deputy chairman of HSBC Egypt.
19.12.2015
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News by
Zawya
The meeting is scheduled to discuss efforts to control inflation.
18.12.2015
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News by
Ahram Online
The transaction is the first time the bank has sought to borrow from international banks since the North African country was hit by political unrest.
08.12.2015
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News by
Ahram Online
Talks to buy Egyptian and Zimbabwean operations from the parent ended after they couldn’t agree on price.
04.12.2015
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News by
Bloomberg Business
