Banks finance foreign trade operations worth $7.9bn since flotation until 14 December: CBE
This sum includes the repayment of letters of credit and documents of…
World Bank approves second tranche as Egyptian pound falls, US dollar nears EGP 20
EGX hits record high on expense of the Egyptian pound
FA Group Financial Consulting contracts with Prospect Capital to promote and fund projects in health, education and energy in Egypt
The Egyptian Financial Advisory Group (FA Group) signed a memorandum of understanding…
8.4% increase in manufacturing index during October: CAPMAS
The manufacturing index (without crude oil and petroleum products) increased to 128.7…
US dollar surpasses EGP 19 at CBE to hit highest rates since flotation
The US dollar price at the Central Bank of Egypt (CBE) and…
Banque Misr finances import of basic, non-basic goods by $1.37bn since flotation: chairperson
Amount of collected US dollars amounted to $850m from clients, while new…
Lack of investment opportunities straining Egyptian banks
The liquidity of the pound has increased by EGP 64bn since the…
EGP 747.92bn total outstanding balances of local treasury bonds as of end of October 2016: Finance Ministry
The size of outstanding balances of treasury bonds in Egyptian pounds owed…
US dollar slips more than EGP 0.22 at CBE on Thursday
In private banks, dollar prices ranged between EGP 18.20 and EGP 18.50…