Bankers rule out floating Egyptian pound before making official request to borrow from IMF
Fund officials say that a flexible exchange rate for the Egyptian pound…
Banque du Caire’s share in joint loans during H1 of 2016 amounts to EGP 8bn: chairperson
The bank is keen to take part in financing different economic sectors…
Value of deposited amounts in postal savings funds reaches EGP 100.6bn in FY 2015/2016: CAPMAS
The value of deposited amounts in postal savings funds reached EGP 100.6bn…
Government plans to borrow EGP 324.5bn in Q2 of FY 2016/2017
Launch of treasury bills tenders for EGP 300.25bn, bonds worth EGP 24.25bn…
CBE concludes week without changing pound’s price, contrary to market expectations
Market expectations inclined towards floating the exchange rate or reducing the value…
CBE ends week without changing price of the Egyptian pound
The Central Bank of Egypt also did not hold an exceptional auction…
Tantawy appointed board member in EGX, in succession of El Dib
Tantawy will represent the FEB on the board of directors of the…
Contrary to market expectations, CBE fixes US dollar price in its regular auction
The bank directed the auctioned US dollar to cover imports of pharmaceutical…
Egypt struggles to implement IMF’s conditions before board meeting
The foreign exchange reserves registered $19.59bn in September, an increase of 18.2%…
Metropolitan Egypt provides EGP 260m in financing to 16 companies over 3 months: CEO
Metropolitan Egypt for consultancy has succeeded in providing financing worth EGP 260m…