The central bank statement did not comment on the status of the $50,000 deposit cap for some importers.
15.06.2017
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News by
Business Recorder
Egypt expecting a new rise of prices due to the IMF loan requirements, while the country has not yet recovered from previous economic decisions.
28.05.2017
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News by
Al Monitor
CIB) topped the Business News index for best retail bank for the 2nd year in a row followed by NBE that has the most widespread ATMs.
23.05.2017
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News by
MENA FN
Businesspeople outraged amid expectations that debt payments will increase by EGP 30bn.
23.05.2017
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News by
Daily News Egypt
The statement added that the credit rate was also raised by 200 points to 17.25.
22.05.2017
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News by
Ahram Online
We have launched our activities in the Egyptian market 10 years ago and seek to continue and expand it, says Drion.
22.05.2017
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News by
Daily News Egypt
"We have no need for foreign currency limits" Egypt's central bank governor Tarek Amer said.
17.05.2017
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News by
Ahram Online
Banque Misr as officially opened its Guangzhou office in Guangdong province to help promote trade and financial activities between the two countries.
21.04.2017
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News by
China Daily
CI Capital's market value totalled about 950 million pounds and that it had completed the transfer of 74.75 percent of the shares, retaining 25%.
21.03.2017
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News by
Ahram Online
The programme will focus on the governorates of Qena and Sohag, which are among the poorest in the country.
21.03.2017
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News by
Ahram Online
World Bank issued the first $1 billion tranche of the loan in 2015 ut of its $3 billion loan programme with the country.
21.03.2017
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News by
Business Standard
Banks will present their recommendations to the CBE’s governor, since the law allows the latter to reject officials.
12.03.2017
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News by
Daily News Egypt
The Planning and Budget Committee says the country's IMF reforms have begun to pay off, depressing demand for USD and causing its value to drop 5%.
16.02.2017
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News by
Ahram Online
The IMF deal was approved by the cabinet on 11 January, but is yet to be approved by parliament.
19.01.2017
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News by
Ahram Online
Criminal investigations against six unnamed persons are now underway, the OAG said in a statement, while 430 million francs remains frozen.
19.12.2016
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News by
The Business Times
Recent worldwide events, including the Istanbul bombing, will shield the Egyptian stock market from any potential repercussions of the church bombing.
13.12.2016
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News by
Al-Arabiya
CBE had decided in early November to float the pound and raise key interest rates as part of a set of reforms aimed at alleviating the dollar shortage
22.11.2016
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News by
Ahram Online
The mandate brings the division’s Egypt-focused assets under management (AUM) to EGP 10.5 billion.
10.11.2016
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News by
Reuters
She said she would recommend that the IMF Executive Board approve Egypt's request for $12 billion in loans when it meets this Friday.
10.11.2016
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News by
NZ Herald
Last Thursday, Egypt floated its currency and increased the prices of subsidised fuel.
09.11.2016
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News by
Ahram Online
