Banks refuse to adhere to VAT law, awaiting response from new finance minister
The Egyptian Tax Authority demanded that banks operating in the domestic market…
FEB calls for real estate tax emption for banks holding foreclosed properties
The FEB will submit the memorandum to Tarek Amer, governor of the…
CBE’s microenterprise initiative remains under discussion
The CBE is holding meetings with relevant bodies to launch the initiative,…
NBE aims to reduce delayed debt payments by June: deputy chairperson
The National Bank of Egypt currently has an outstanding debt of EGP…
Banks to withdraw EGP1bn from mortgage financing initiative: CBE deputy governor
National Bank of Egypt, Banque Misr, Banque du Caire, and Housing and…
State not sufficiently concerned about real estate sector: EALB deputy chairman
115 other industries are linked to sector, it is the locomotive of…
CBE grants banks $104.5m to cover multinational companies’ demands to import medicine, food
Foreign exchange reserves register sixth consecutive monthly increase in March
Outstanding balances of treasury bonds increased by EGP 16.94bn at end of March
Total value of bonds issued in Egyptian pounds increased to EGP 729.97bn…
SECON begins its Riyadh project in Egypt
Launching the project for marketing during Cityscape after obtaining the ministerial permit…