Private sector awaits further interest cuts to resume borrowing from banks: HC
Banks are likely to extend deposit maturity to grant long-term loans without exceeding interest risk limit set by CBE
Egypt’s business community awaits more interest rates’ cuts to boost investment
Monetary easing cycle to create jobs, positively reflect on middle class, say experts
Banks to start intensive meetings Sunday to discuss implications of interest rate cuts
Government welcomes decision, investment banks forecast further cuts by end-2019, depositors are most affected,
HDB achieves EGP 1.072bn net profits June-end
Deposits up EGP 3.1bn, loans grow by EGP 1.24bn, capital adequacy ratio climbs to 19.95%
Fitch Learning holds 1st graduation ceremony of Credit Academy
The launch of the international Credit Academy and certification were offered locally through providing two Credit Academies in Egypt starting June 2019 that ran for eight consecutive weeks full-time
8.8% hike in Egypt’s exports to G7 in 1H19, recording $3.8bn: CAPMAS
G7 net investments in Egypt up 5.7% in H1 of FY 2018/19
Egypt’s Petroleum Minister to participate in South Sudan Oil & Power Conference
Egypt, South Sudan own 90% of oil production in Nile Basin
10 companies willing to bid for building rooftop solar panels in New Capital
The sources added that the Administrative Capital for Urban Development (ACUD) issued the tender’s prospectus on Sunday for $5,000.
Syrian army regains control over Khan Shaykhun, Erdogan to visit Moscow
The General Command of the Syrian Army announced that its forces took control of Morek and other nearby towns including Kafr Zita and strategic points in Hama and Idleb, after…
“Lungs of Earth” on fire, Brazilian President mobilises army to help contain crisis
More than 75,000 fires were recorded across the Brazilian part of Amazon forest
