The interest rate on the platinum certificate with a variable return offered through the NBE is expected to increase from 18.5% to 19.5%.
07.08.2023
|
News by
See News
Foreign currencies in Egypt’s foreign reserves include the U.S. dollar, euro, Australian dollar, Japanese yen and Chinese yuan.
07.08.2023
|
News by
Egypt Today
The rates of the overnight deposit and lending return were raised by 100 basis points, to reach 19.25%, 20.25% and 19.75%, respectively.
06.08.2023
|
News by
Egypt Today
The Commercial International Bank (CIB) launched Thursday a one-year USD-denominated certificate of deposits (CDs) with a monthly yield of 6 percent.
06.08.2023
|
News by
ahram online
In the January-March 2023 period, the EGX-listed bank posted a 148.96% leap in consolidated net profit.
06.08.2023
|
News by
zawya
Metwally added that after the decision, the variable interest rates on deposits will rise directly by one percent.
06.08.2023
|
News by
Egypt independent
The European Bank for Reconstruction and Development (EBRD) has invested €27 million in securitized bonds issued in Egypt.
06.08.2023
|
News by
ahram online
President of the National Council for Women (NCW) Maya Morsy has said financial inclusion is the cornerstone of women’s economic empowerment.
06.08.2023
|
News by
Egypt independent
US investment bank Morgan Stanley anticipates that the Egyptian pound’s exchange rate against foreign currencies will further decline.
03.08.2023
|
News by
Egypt Independent
This came in a report released by the Ministry of International Cooperation to review current efforts to upgrade the micro, small and medium projects.
03.08.2023
|
News by
Egypt Independent
This is in light of the Central Bank of Egypt’s (CBE) celebration of International Youth Day on 12 August.
02.08.2023
|
News by
Ahram Online
The deficit in Egypt's net foreign assets surged by over 125 percent on a yearly basis in June, according to data released by the CBE.
02.08.2023
|
News by
Ahram Online
A group of high-profile Egyptian investors abroad will soon establish an investment company to engage the country’s expats in high-return project.
02.08.2023
|
News by
Ahram Online
The new line will provide financing ranging between EGP 220,000 and EGP 7 million per ticket for a start, targeting SMEs.
02.08.2023
|
News by
Zawya
Abdel Fattah El-Gebaly, warned that Egypt's public debt has reached 113 percent of the GDP.
02.08.2023
|
News by
Ahram Online
Maait was addressing the fourth edition of the Egyptian expatriates’ conference, which kicked off Monday, under the auspices of Prime Minister.
02.08.2023
|
News by
Egypt Independent
Egypt's government debt-to-GDP ratio is expected to reach 97 percent at the end of June 2023, according to Minister of Finance Mohamed Maait.
01.08.2023
|
News by
Ahram Online
In Goldman Sachs CEEMEA Economics Analyst report, they updated their assessment of Egypt’s external financing outlook.
01.08.2023
|
News by
Egypt Today
The step is part of OPay's commitment to playing a role in expanding Egypt's digital economy.
01.08.2023
|
News by
Zawya
Beltone Financial Holding, a large Cairo-listed investment company, has signed a memorandum of understanding to acquire a microfinance company.
01.08.2023
|
News by
Ahram Online
