Inflation hike is temporary, expected to decline in the coming period, hence interest rate kept unchanged: MPC
CBE raised the interest rate by 3% on 3 November 2016 as…
$1.12bn offered for investment in T-bills
CBE received 33 offers, accepted 29 worth $1.09bn, with an interest average…
International bonds raised Egypt balances to $11.5bn by end of January 2017: Ministry of Finance
Bond maturities range between 1 to 30 years, and to be due…
Assigning implementation of New Administrative Capital to Egyptian companies falls in favour of banks in Egypt: Abdellah
Banks are required to facilitate procedures for those companies to obtain letters…
CIB supports entrepreneurs in cooperation with AUC
AUC V-Lab celebrates the graduation of the first cycle of FinTech Accelerator
EBRD lends NBD–Egypt $125m to support its capital base and stimulate growth
Emirates NBD-Egypt and the European Bank for Reconstruction and Development (EBRD) signed…
NBE injected EGP 7.5bn to finance 9,200 SMEs in first year of CBE’s initiative to support these projects
77% of SMEs obtained loans to expand its existing activities and 23%…
Improving clarity on FX supply and demand dynamics should steadily encourage foreign investors to leverage lucrative interest differential: HC S&I
Slower private consumption and investment growth in the short term to be…
Ministry of Military Production participates in IDEX 2017 with a number of military products
The Ministry of Military Production is set to take part in the…
1.6% decrease in index of manufacturing during December 2016: CAPMAS
The index of manufacturing—not including crude oil and petroleum products—declined to 138.69…