Egypt, which relies heavily on imports, has been facing a shortage of foreign currency since a 2011.
06.02.2016
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News by
Zawya
Egypt has also received $1 billion loan from the World Bank as part of a $3 billion package over 3 years.
02.02.2016
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News by
Ahram Online
The year 2015 brought welcome stabilisation and recovery to Egypt, after a difficult post-revolution period marked by upheaval and sluggish growth.
30.01.2016
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News by
Oxford Business Group
The government projects growth of around 5.5 percent this fiscal year, compared with an estimated 4.2 percent in 2014/15
30.01.2016
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News by
Ahram Online
The bank raised the monthly limit to $250,000 from $50,000 for importers of food, machinery, spare parts, capital goods and medicine.
27.01.2016
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News by
Bloomberg Business
Company accounts for about 90% of ATMs in Egypt, says Africa Managing Director.
23.01.2016
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News by
Daily News Egypt
The money comes in the form of aid and chinese investments in Egypt.
22.01.2016
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News by
Business Insider
Amer said the offerings would not include state bank giants National Bank of Egypt and Banque Misr.
20.01.2016
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News by
Ahram Online
The CBE said earlier it would require lenders to apportion 20 percent of their total loaning portfolio for SMEs, with interest rates below 5%.
19.01.2016
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News by
Ahram Online
The stock market lost 6 billion dollars last week.
17.01.2016
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News by
Press TV
The grant will be disbursed to investors as loans through the Central Bank's recently implemented regulations.
15.01.2016
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News by
Ahram Online
The governor said that the push to coordinate economic policy with the government was an indication to Egypt’s determination to enact reforms.
15.01.2016
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News by
The Daily Star
CBE decision will help reduce credit investments given to VIP clients from 20 to 15% It will also reduce investments in monetary fund from 5 to 2.5%.
14.01.2016
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News by
All Africa
Central Bank cut the maximum amount that banks are allowed to lend to a single client to 15 percent of their Tier One capital, down from 20 percent.
12.01.2016
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News by
Reuters
In a survey, the Emirates NBD Egypt (PMI) for the non-oil private sector rose to 48.2 points in December from 45 points in November.
11.01.2016
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News by
Egypt Independent
Egypt's economic growth is forecasted to slow to 3.8 percent in fiscal year 2015/16 from 4.2 percent expected in 2014/15.
08.01.2016
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News by
Ahram Online
The kingdom will loan $1.5 billion to develop the Sinai Peninsula and $1.2 billion to finance Egypt’s oil purchases.
06.01.2016
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News by
The Daily Star
Egypt has found a lifeline in tens of billions of dollar loans and deposits from Gulf countries.
06.01.2016
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News by
Star Africa
The loan will be guaranteed by the Italian central bank and the Italian export development authority,
05.01.2016
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News by
Ahram Online
Such an increase was led by foreign companies that increased by 47 percent to 1,198 companies.
03.01.2016
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News by
Star Africa
