CBE bans foreign currency transactions at local points of sale
According to the CBE, this decision came in light of the discount…
Banks introduce restrictions on dollar use abroad
Banks have the right to limit dollar use, in light of the…
Dollar exceeds EGP 9 in Egyptian informal market for first time
Devaluation of the pound is not linked to import pressures, but a…
CBE cannot be asked to bear more than it can to solve: El-Kosayer
The CBE is not responsible for providing the dollar; it is responsible…
CBE raises cap on dollar deposit to $1m per month
The new cap compares to the previous daily limit of $10,000 on…
Leaders of Arab construction federations to participate in Builders of Egypt forum
A number of heads of Arab contractors' unions will participate in the…
Housing Minister, Real Estate Investment Division of FEDCOC to discuss real estate developers’ union draft law within days
Businessmen and real estate sector's representatives unanimously approve the initial draft
CBE Deputy Governor clarifies regulators on dollar cap increse
Officers from banking operations expressed uncertainty regarding several features of the new…
Banks direct foreign currency to importers as commodities are held at ports due to dollar shortage
To reduce dollar shortage crisis at banks, the foreign currency deposit cap…
Low-income home buyers to be focus of Housing and Developing Bank’s 2016 plan
In the past year, the HBD granted EGP 750m to approximately 10,000…