Dollar continues decline, expected to stand at EGP 16 in short term
The price of the pound against the dollar will reach equilibrium in…
Assigning implementation of New Administrative Capital to Egyptian companies falls in favour of banks in Egypt: Abdellah
Banks are required to facilitate procedures for those companies to obtain letters…
CIB supports entrepreneurs in cooperation with AUC
AUC V-Lab celebrates the graduation of the first cycle of FinTech Accelerator
EBRD lends NBD–Egypt $125m to support its capital base and stimulate growth
Emirates NBD-Egypt and the European Bank for Reconstruction and Development (EBRD) signed…
NBE injected EGP 7.5bn to finance 9,200 SMEs in first year of CBE’s initiative to support these projects
77% of SMEs obtained loans to expand its existing activities and 23%…
CBE maintains same interest rate
Having increased the interest rate three times in 2016, the CBE does…
Banks experiencing significant disposal operations of foreign currency; dollar registers lowest level since November 2016
Significant decline in Arab and foreign currencies traded in domestic market due…
Pound continues strengthening against USD, expected to settle below EGP 17 to the dollar within days
Significant increase in hard cash supply as foreigners invest in government debt…
The initiative contributes to providing new funding opportunities for adding deposits in banks: El-Baradei
CBE initiative to finance low- to middle-income housing is a large starting…
Mortgage companies participating in CBE initiative to finance low- to middle-income housing
Mortgage finance companies operating in the domestic market started to prepare their…