State has to work to increase foreign exchange resources: IDWBE chairperson
Exchange rate is set by supply and demand, increasing volatility of balance…
Metropolitan to raise funds worth EGP 40m for TechnoScan and MetaMed
Metropolitan Egypt contracted with TechnoScan and MetaMed to secure financing of EGP…
NBE increased its capital by EGP 26.4bn since June 2008: chairperson
We continue to strengthen the financial position of the bank and increase…
Banks resilient in face of challenges Egypt witnesses: UAB
Egyptian banks are still operating well and achieved growth in most areas
20% increase in loans, 15% more deposits at Al Baraka Bank: Beltone
Foreign currency loans account for 25% of loans, while deposits in foreign…
Increase of EGP 63.8bn in loans, EGP 51bn in deposits at Banque Misr
Bank achieved the highest profits in its history, a total of EGP…
Russian-Egyptian cooperation in military and civil manufacturing
El-Assar, Nikitin discuss establishment of a number of projects in the pharmaceutical…
CBE calls on banks to reconsider limits of credit they grant clients
CBE issues regulations to benefit from covering debts of companies resulting from…
Increase of foreign exchange reserves at CBE, backed by gold in February
The value of gold included in the reserves increased by $170m to…
CBE provides banks $420m to cover companies’ flotation debts
The Central Bank of Egypt (CBE) provided $420m to local banks to…