Decision to propose capital increases for 2 banks on EGX is governamt’s most impotant in recent years
Chairman of the Egyptian Exchange (EGX) Mohamed Omran said the government's and…
EGP 6bn losses in tourism sector in Sharm El-Sheikh in 3 months: South Sinai Governor
Governor of South Sinai Major General Khaled Fouda said the tourism sector…
$3.3tn of Arab banking sector assets by end of September 2015: Barakat
Only 8% of total financing in Arab banks goes to SMEs
First portion of WB loan has not entered CBE yet: CBE Deputy Governor
Deputy Governor of the Central Bank of Egypt (CBE) Tarek Fayed asserted…
Monetary Policy Committee holds first meeting in 2016 to discuss future of basic interest rates at CBE
The MPC decided during its last meeting on 24 December 2015 to…
50 most influential women in Egyptian economy honoured, including 5 bankers
The ceremony will be held under the auspices of Prime Minister Sherif…
Outstanding balance of treasury bonds at EGP 685.81bn by December 2015: Finance Ministry
The ministry said in a recent report exclusively published by Daily News…
Non-performing loans fell to 7.2% of total by end of September 2015: CBE
CBE issued its Financial Soundness Indicators report, where the loans-to-deposits ratio increased…
CBE decides to raise maximum foreign currency deposit cap to $250,000 monthly
Decision applies only to companies to facilitate import operations of main and…
NBK records $929.7m in net profits for 2015
The group aims at strengthening its position in Egypt and increasing growth…