Latest Business News
CBE concludes financing deal worth $2bn from international banks
The transaction bolsters the liquidity and amount of the foreign currency reserves,…
CBE instructs banks in some areas to remain closed on 11 November
The CBE’s measure comes as a precaution for violence that may occur…
Egypt issues private bonds worth $4bn in Irish Stock Exchange
The aim is to ease pressure on domestic funding sources and reduce…
Will Egypt follow the example of Brazil or Argentina in dealing with the IMF?
Following the implementation of all of the International Monetary Fund’s (IMF) preconditions…
Sustainable customer analytics essential for Egyptian retailers to maintain competitiveness: Booz Allen Hamilton
Customer analytics investment provides exciting opportunities for the growth and development of…
Egyptian remittances at Banque Misr, NBE, Banque du Caire increase to as high as 35%
Leaders of the National Bank of Egypt and Banque Misr revealed that…
Trump and the rise of populism: a backlash against globalisation
After Donald Trump decisively defeated Hillary Clinton, becoming the 45th president of…
Banks pose new restrictions to confront saving certificates leveraging scheme
A number of banks in Egypt have developed new restrictions for granting…
Egyptian pound appreciates against dollar in midst of imminent IMF loan signing, Trump elected president
The price of the Egyptian pound significantly increased against the US dollar…