Deutsche Bank expects US dollar to reach EGP 15.5 by June, EGP 15 by December
Bank expects inflation to continue declining to single digits this year
Egyptian pound appreciates to its highest since flotation
Banque Misr received $2bn in January, $15.6bn in 2019: El-Etreby
Local, international investors offer to invest $1.054bn in Egyptian T-Bills
The CBE rejected other offers from investors who requested an interest of…
Egypt’s annual urban headline inflation inches up to 7.2% in January: CAPMAS
The rise was supported by increase in prices of meat, poultry, and…
Egypt’s awaited banking law to revolutionise sector: Khodeir Partners co-founder
Khodeir’s comments came during a roundtable discussion held to tackle the banking…
NBE, QNB syndicated loan of EGP 1.8bn to Concrete Plus Engineering, Construction
20% of the total cost of implementing a housing compound project in…
CBE offers $900m in T-bills on Monday
Proceeds to cover a previous bid floated on 12 February 2019 worth…
Household sector’s trend towards deposits of three-year term or more ongoing since 2018
Weighted return on new deposits declines in September 2019 to 11.5%, 16%…
Egypt’s net foreign reserves increase to $45.456bn January-end: CBE
The January's figure is the highest in the history of Egypt and it covers…
CIB continues to grow healthy profits: Beltone
Decrease in financing expenses supports profitability; improved corporate lending is major positive…