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…
CIB’s loans portfolio increases to EGP 62.6bn
Bank’s profits exceeded our expectations, while the growth rate of deposits and…
NBE, Banque Misr to post joint profits exceeding EGP 9bn
Banque Misr achieved net profits of EGP 2.51bn after taxes in FY…