CBE receives 26 offers to invest $720m in T-Bills auction
The CBE accepted 20 offers worth a total of $509.3m, with interest…
CBE offers $500m worth T-Bills on Monday
Proceeds to cover a previous offer worth $715m issued on 11 June…
New IMF loan slows down US dollar appreciation against Egyptian pound
Egypt’s foreign reserves fall to $36.0037bn in May, from $37.037bn in April,…
Recent devaluation of Egyptian pound against US dollar normal, temporary: banking pundit
Like all currencies worldwide, local currency bound to be affected by current…
US dollar trades at EGP 16.02 to buy, EGP 16.12 to sell on Wednesday
The rise in the dollar also pushed the prices of Arab and…
Local currency deposits in banks rise by EGP 41bn in April
CBE figures also show decrease in surplus of net foreign assets for…
MSMEDA aims to finance 200k micro projects with EGP 3bn in 2020
Agency provided EGP 3.5bn in funding to about 240,000 micro projects between…
Finance Ministry to offer EGP 238bn worth T-Bills, bonds in June
20 T-Bill offerings worth EGP 203bn will be issued, along with 10…
17.3% of Egyptians smoke: CAPMAS
Average annual spending on smoking for Egyptian family with one or more…
CBE to offer EGP 24.5bn worth T-Bills, bonds on Sunday
New offerings part of government’s plan to issue EGP 610bn T-Bills, bonds…