Finance News

Omran says conference is not luxury but rather means to think outside the box, since waiting for market challenges to end is not an option.
26.10.2015 | News by Daily News Egypt

World Bank and African Development Bank delegation met Prime Minister Ismail to reaffirm commitment to cooperate in reviving the country's economy.
25.10.2015 | News by Zawya

Predecessor Hisham Ramez reportedly faced increasing criticism for his reluctance to devalue the Egyptian pound.
25.10.2015 | News by Middle East Eye

The government intends to raise EGP281.5 billion in treasury bills and bonds during the second quarter of fiscal year 2015/2016.
24.10.2015 | News by Star Africa

The central bank faced increased pressure to devalue as the black market burgeoned, offering a lifeline to businesses unable to access enough dollars
24.10.2015 | News by The Daily Star

The union sent to Al-Sisi a memorandum highlighting the problems facing industry, trade and investment resulting from monetary policies.
23.10.2015 | News by Star Africa

Economic hurdles such as poverty and shortage of skilled workers will slow sector's growth.
22.10.2015 | News by Daily News Egypt

Amer will take charge of the central bank after the end of Ramez’s term on Nov. 26.
21.10.2015 | News by Bloomberg Business

NBE ranked first in Egypt and Africa and third in Middle East and North Africa in field of syndicated loans, according to Bloomberg Foundation.
21.10.2015 | News by Daily News Egypt

The Egyptian government is expecting a budget deficit of 8.9 percent (EGP 251 bn) for the entire fiscal year which will end next June.
21.10.2015 | News by Star Africa

Trojan attacks doubled in comparison to the same period in 2014. The attacks’ severity increased targeting the commerce and banking service sectors.
21.10.2015 | News by Daily News Egypt

The second issuance was planned for November.
20.10.2015 | News by Ahram Online

Egypt’s dollar resources likely to increase, launching bonds in international markets under review not cancelled, says Dimian.
20.10.2015 | News by Daily News Egypt

The flexible policy recommended is bringing the currency exchange rate closer to the local currency's real value determined by strength of economy.
20.10.2015 | News by All Africa

Transactions of Egyptians and Arabs tended towards buying, while foreigners’ transactions tended towards selling.
20.10.2015 | News by Daily News Egypt

The pound fell to 8.0301 per dollar in the official interbank market after declining by similar amount at a central bank currency sale to local lend.
19.10.2015 | News by Bloomberg Business

Ramez's efforts didn't go unnoticed by international bodies, he was chosen by IMF and WB as best central bank governor in the region.
Papers by Egypt Business Directory

Egypt has sought to tame a once-thriving currency black market by imposing a cap on dollar-denominated bank deposits among other measures.
18.10.2015 | News by Reuters

The pound weakend by 1.3 percent to just under 8 against the dollar.
18.10.2015 | News by euronews

Egypt is currently negotiating loans worth over $8 billion with the two international financial institutions.
17.10.2015 | News by Ahram Online