Banking sector secures financing to import $2.5bn worth of food commodities, medicine: CBE
$1.5bn allocated to import intermediate goods and raw materials for production; $414.6m…
Dollar records its highest level against Egyptian pound this week
The official rate for the dollar at the CBE on Thursday registered…
Unemployment hits 12.6% in Q3 of 2016: CAPMAS
The unemployment rate in Egypt has risen to 12.6% during the third…
Highly expected that basic interest to remain unchanged on Thursday
Current interest rates on the pound may remain unchanged for three to…
US dollar price varies at banks, CBE on Tuesday
Bankers expect the greenback to change hands at EGP 15-16 for three…
CBE refutes rumours on changing banknote designs
The Central Bank of Egypt (CBE) denied rumours that it plans to…
SMEs Investors Association calls on government to review the sector’s legislation
We will soon launch a website to help young people establish and…
I expect stability in the foreign exchange market by early 2017: prominent banker
No state in the world has entirely floated its currency without facing…
Market sees high sales volume of dollars, new saving certificates at banks in 2nd week since flotation
The amount of dollars Banque du Caire received in one day is…
Large portion of dollars in banks since Monday come from customers switching saving schemes to Egyptian pounds: prominent banker
High expectations that foreign currency deposits will decrease while Egyptian pound deposits…