Finance News
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Egypt's Financial Regulatory Authority issues cryptocurrency warning
dealing with cryptocurrencies is considered a form of deception that falls under legal liability and not regulated by any official body in Egypt.
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US dollar exchange rate approaching LE 18
In the National Bank of Egypt (NBE) and Banque Misr, the dollar was being sold at LE 17.79 and bought at LE 17.69.
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Stratex revises Egypt resource estimate
Stratex said the Inferred Mineral Resources of 5.9 million tonnes, at a grade of 1.11 g/t for a total of 209,000 ounces, remained unchanged.
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Rise in US dollar exchange rate due to increasing demand
The lowest price of the dollar was at the Arab Bank, which put it at LE17.70 for sale and LE17.60 for purchase.
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Egypt’s economy rebounds as inflation drops, inflows rise
Egypt’s headline inflation rate rose at its slowest pace in nearly a year in November while the current account deficit fell by more than 65%.
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Egypt's Bitcoin scene seemingly growing despite looming uncertainties
The Central Bank of Egypt has repeatedly stressed that it does not acknowledge the leading cryptocurrency Bitcoin.
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World Bank signs $1.15 billion loan with Egypt
The loan is the last in a three-part package worth a total of $3.15 billion, the World Bank said.
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Explored In Latest Research Of UK Travel Insurance Market 2017
ResearchMoz presents professional and in-depth study of "UK Travel Insurance: Distribution and Marketing 2017".
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World Bank approves $1.15 bln development policy loan for Egypt
The loan is the last in a series of three annual loans totaling $3.15 billion issued from 2015 to 2017.
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Egypt foreign reserves rise to $36.723bn at end-November
Cairo’s foreign reserves have been climbing since the country secured a $12 billion, three-year International Monetary Fund loan programme.
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Refugees contribute to Egypt's economy with USD 800m
Egypt is hosting about 200,000 refugees who are officially registered.
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EFG Hermes picks Egypt as top market in MENA
Egypt achieved the strongest earnings growth in MENA, with this trend to continue on non-banking earnings.
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Average yields rise on Egypt's 3- and 9-month T-bills
Appetite for Egypt’s domestic debt has grown since the central bank floated the pound currency a year ago.
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Shuaa Capital relaunches securities brokerage business in Egypt
Dubai-based investment bank secures green light from Egyptian regulator.
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1.8 million euros from EU to Egyptian SMEs
Eitisal held a meeting with 100 business leaders in Egypt to ask them to join the project.
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Is Amer the best Arab and regional central bank governor?
As 2nd anniversary approaches since Amer assumed CBE duties, DNE reviews important decisions made during his term, significantly floating the pound.
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UK embassy in Cairo launches 'StartEgypt' with EGP 47 mln grant for Egyptian entrepreneurs
Held at Downtown's entrepreneurs' hub the GrEEk Campus, the initiative was launched with its three themes of “Ideate”, “Build” and “Accelerate”.
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Egypt to receive next IMF loan disbursal in December
The payment will bring total disbursements under the programme to about $6 billion.
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The Insurance Industry in Mali Market - Advanced technologies, Global Forecast and Winning Imperatives 2021
ResearchMoz presents professional and in-depth study of "The Insurance Industry in Mali, Key Trends and Opportunities to 2021".
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Egypt, Romania to exchange expertise on SMEs
Egypt and Romania will form a working group for bilateral cooperation in the micro, SMEs field.