They revised it to four percent in each of these two fiscal years, down from 4.5 percent it projected in December of 2022.
07.04.2023
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News by
Ahram Online
The central bank said it raised rates to help tame soaring inflation, which leaped to 31.9% in February.
07.04.2023
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News by
Asharq Al-Awsat
The NBE and Banque Misr offered two three-year CDs; one with a fixed monthly yield of 19 percent, the other with a decreasing yield of 22 percent.
06.04.2023
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News by
Ahram Online
Foreign currencies in Egypt’s foreign reserves include the U.S. dollar, euro, Australian dollar, Japanese yen and Chinese yuan.
06.04.2023
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News by
Egypt Today
On Monday, QNB and CIB announced the issuance of new CDs with annual yields of 19.25 percent and 22 percent, respectively.
06.04.2023
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News by
Ahram Online
During FY2022, the total value of deposits stood at EGP139.38 billion and was driven by a 35% increase compared to the previous year.
06.04.2023
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News by
Zawya
Since March 2022, the Egyptian pound has lost over 70 percent of its value against the US dollar in response to three devaluations.
05.04.2023
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News by
Ahram Online
Up to 4,000 participants are expected to attend the 2023 annual meetings held at the Sharm El-Sheikh International Conference Centre on 22-26 May.
05.04.2023
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News by
Ahram Online
The goal is to assist the bank in assessing its climate risk exposure, and ensuring any climate-related financial risks are disclosed in its portfolio
05.04.2023
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News by
Daily News Egypt
The issuance came from in 3 tranches with different terms, ranging from 13 to 60 months.
05.04.2023
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News by
Daily News Egypt
NBE and Banque Misr issued 2 three-year CDs, one of them with a fixed yield of 19% disbursed monthly, while the second is with a decreasing yield 22%.
04.04.2023
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News by
Ahram Online
Etreby added that the time period for the availability of new CDs is open and a date has not yet been set for their termination.
04.04.2023
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News by
Egypt Independent
The exhibition aims to enhance intra-trade between various African countries and highlight investment opportunities available in the continent.
04.04.2023
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News by
Daily News Egypt
The capital will be increased to EGP 424.94 million from EGP 404.71 million via the payment of 0.05- for-1 bonus shares.
04.04.2023
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News by
Zawya
Deals involving a MENA target fell to a seven-year low and totalled $2.9 billion during Q1 2023.
04.04.2023
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News by
Zawya
The market capital gained about EGP 18 billion to close at EGP 1.067 trillion, amid transactions that totaled EGP 2 billion.
04.04.2023
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News by
Egypt Independent
In this respect, the government has committed to a ceiling on the gross debt of 92.1 percent of GDP by the end of the current fiscal year.
03.04.2023
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News by
Ahram Online
The first certificate is fixed for three years at a rate of 19 percent annually, and the return is paid monthly. The second certificate of three years
03.04.2023
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News by
Egypt Today
FRA approved the Kuwaiti Gulf Insurance Group's (GIG) subsidiary GIG Egypt's acquisition of AIG Egypt for EGP196.97 million.
03.04.2023
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News by
Ahram Online
The central bank allowed the Egyptian pound's official price to depreciate against the dollar by 1.4% in February.
03.04.2023
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News by
Zawya
