Revenues of investment land sales in the administrative capital’s first phase at EGP 20bn: estimate
Average offering price is EGP 3,500 per metre, comparable to other similar…
Dollar continues decline, expected to stand at EGP 16 in short term
The price of the pound against the dollar will reach equilibrium in…
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…