Egyptian cotton exports decrease by 54.2%: CAPMAS
Exports reached 112,700 metric kantar between December 2015 and February 2016 compared…
PBDAC awaits supervision by CBE to implement development plan: chairperson
The new law does not exclude the bank from Ministry of Agriculture…
Egypt’s foreign debt grows by $5.6bn at end of Q3 FY 2015/2016: CBE
The new figure marks an increase of $5.6bn (11.8%), the CBE reported
No intention to turn PBDAC into commercial bank: chairperson
We seek to change the misconception that we simply offer fertiliser to…
Six problems facing the bank in the coming period: PDBAC chairperson
The challenges include resolving EGP 4bn worth of non-performing debts, raising efficiency…
NBE signs EGP 1.98bn loan with Alexandria National Refine and Petrochemical
The loan is earmarked to establish a naphtha and continuous catalyst regeneration…
CBE issues new regulations for financing agriculture, industry medium enterprises
The Central Bank of Egypt (CBE) issued on Wednesday the regulations for…
Banking sector provides $33.7bn to cover needs of state, importers in 7 months: CBE’s Governor
Amer demonstrates with Al-Sisi the CBE’s efforts to support foreign exchange reserves…
Gulf states provide Egypt with $6bn to support foreign reserves
Egypt's foreign exchange reserves have been bolstered with $6bn from Saudi Arabia,…
US dollar jumps to EGP 8.87 on official market, EGP 11 on informal market during Al-Sisi’s 2-year presidency
The official price of the US dollar increased from EGP 7.17 in…