MIDB aims for EGP 350m in profits by end of year: managing director Amr Tantawi
As FEB representative and newly-appointed EGX board member, Tantawi will coordinate between…
CBE vows to ‘punish’ banks lagging behind in SME support
The Central Bank of Egypt (CBE) vowed to punish banks that lagged…
Issued credit cards increase to 3.8m at June’s close: CBE
The number of credit cards at banks operating in the Egyptian market…
Non-performing loans fall to 5.9% as of end of June: CBE
Private sector accounts for 70.6% of total loans provided by banks to…
Egypt’s foreign debt in FY 2015/2016 increases by $7.7bn: CBE
The CBE announced on its website that the size of foreign debt…
Prime Minister reveals source of additional $3bn in foreign exchange reserves in September
Egypt received $2bn from Saudi Arabia and $1bn from the World Bank
Only 503,000 tourists visited Egypt in August 2016: CAPMAS
The number of tourist arrivals from all countries reached 503,000 during August…
14 banks inject EGP 4.1bn to finance low- and middle-income housing until end of October: Head of Mortgage Finance Fund
Financial leasing activity amounts to EGP 15bn during the first nine months…
Expected VAT proceedings set at EGP 20-22bn by end of this fiscal year: ETA Head
Head of the Egyptian Tax Authority, Abdel Moniem Matar, said that proceedings…
CBE fixes pound’s price against US dollar on Tuesday, market still awaiting devaluation
Possibility of launching exceptional auction completed ruled out for now, as the…