Egypt has the potential to become a powerful economy: World Bank Vice-President
Vice-President for the MENA region visits Egypt for the first time since…
HSBC supports local SMEs with EGP 300m fund
HSBC forecasts a modest pick-up in export growth to over 4%
Bank loans achieve 8.2% growth during Morsi’s term, versus 6.7% a year earlier
When Morsi took office in July 2012, Egyptian bank loans totaled EGP…
Britain charges four over cyber bank robbery plot
Police arrested 12 men, aged between 23 and 50, in London, and…
Central bank denies freezing deposits
Bank: “Rumours aim to destroy the confidence in the stability and safety…
Jump in bank profits in the last six months
The Faisal Islamic Bank of Egypt stated that its profits for the…
Foreign ministry concerned about West Bank settlements
Ministry calls for halting any land seizures that would prevent a Palestinian…
Banks lower interest rates 1% on Treasury bills
Central Bank releases bids for new bills worth upwards of EGP 7bn,…
CBE gives foreign investors access to US dollars
Move by Central Bank aims to reassure foreign investors
SCAF-instated CBE law modifications to be confirmed by Morsy
President Morsy will issue a declaration in a few days to amend…