IMF led by Ivana Vladkova Hollar, issued a statement at the conclusion of its visit to Egypt, which lasted from November 6-20.
24.11.2024
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News by
Egypt Independent
Egypt’s Central Bank embarked on a rare privatization journey by putting 30% of United Bank up for grabs – only the second such sale in four years.
21.11.2024
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News by
Finimize
The EBRD facility will help cover up to 50 per cent of the credit risk on as much as €50 million in financing for Egyptian SMEs originated by CIB.
21.11.2024
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News by
EBRD
Fitch Ratings has raised the Long-Term Issuer Default Ratings (IDRs) of the largest four banks in Egypt following the recent upgrade.
20.11.2024
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News by
Ahram Online
Egypt secured more than $2.5 billion from International Financial Institutions (IFIs) to finance the private sector's energy projects over 2 years.
19.11.2024
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News by
Ahram Online
The discussions focused on expanding the cooperation portfolio and exploring new areas aligned with Egypt's governmental priorities.
18.11.2024
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News by
Egypt Today
The bank explained that this amendment comes in light of the decision of Interior Minister amending the age of issuing the ID card to be 15 not 16.
14.11.2024
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News by
Egypt Independent
The United Bank (UB) is aiming to raise between EGP 4.16 billion and EGP 5.14 billion in the upcoming initial public offering (IPO) on the EGX.
13.11.2024
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News by
Ahram Online
The agreement was signed by Jürgen Rigterink, EBRD First Vice President, and Mohamed Bedeir, QNB-Egypt Chief Executive Officer.
12.11.2024
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News by
Europe ansting
Egypt's total obligations to the IMF hit $13.2 billion , exceeding the combined IMF debts of eight Arab countries.
11.11.2024
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News by
Forbes Middle East
Prime Minister Mostafa Madbouly stated in the weekly government meeting that the International Monetary Fund (IMF), in partnership with the government
10.11.2024
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News by
Ahram Online
Egypt's net international reserves (NIRs) increased to $46.9 billion by the end of October, up from $46.7 billion in September.
07.11.2024
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News by
Ahram Online
The Central Bank of Egypt (CBE) announced Tuesday that it has partnered with the Central Bank of Djibouti (CBD) to conduct a comprehensive training.
06.11.2024
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News by
Ahram Online
The IMF increased the size of its loan to Egypt to $8 billion from $3 billion in March.
05.11.2024
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News by
Asharq Al-Awsat
CBE sold €642.8 million in euro-denominated treasury bills (T-bills) on Monday, with a maturity period of 364 days, according to the bank’s website.
05.11.2024
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News by
Ahram Online
The MoU establishes a collaborative framework between ALEXBANK and CDP focusing on providing Egyptian farmers and agribusinesses.
30.10.2024
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News by
arqam
Raising the yields on US dollar-denominated certificates and other deposits by Banque Misr does not indicate an expected devaluation of currency.
27.10.2024
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News by
Ahram Online
United Bank made a net profit of 1.74 billion Egyptian pounds in the financial year to end June on assets of 106 billion Egyptian pounds.
27.10.2024
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News by
Reuters
The MBC Masr channel reported that this step comes on the occasion of the Global Week for Financial Inclusion and the World Savings Day.
17.10.2024
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News by
Egypt Independent
The central bank also announced that direct debit cards can be issued in the same currency as the accounts after obtaining the necessary approvals.
16.10.2024
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News by
Ahram Online
