Banks refuse to adhere to VAT law, awaiting response from new finance minister
The Egyptian Tax Authority demanded that banks operating in the domestic market…
Banks to withdraw EGP1bn from mortgage financing initiative: CBE deputy governor
National Bank of Egypt, Banque Misr, Banque du Caire, and Housing and…
Panama Papers expose the Mubaraks, tycoons and banks
Some tax haven countries come ahead of European and Gulf countries as…
Cabinet reveals plan to borrow EGP 291.25bn from banks in next 3 months
Ministry of Finance reduces term of loans to five-year maximum, cancels seven…
Banks must adhere to risk management system: CBE
Banking is most supported sector following 2011 revolution, owing to banking reform…
Banks to receive 1.5-4.75% commission in return for fixed exchange rate for foreign investment
This mechanism allows foreigners to contract with banks on a specific exchange…
CBE reduces term of executive officials in banks to 9 years
The Central Bank of Egypt (CBE) issued on Thursday a decree to…
CBE provides banks with $104.5m, sets US dollar price at EGP 8.78
On Tuesday, the official dollar price in banks was EGP 8.83 for…
Banks granted EGP 1bn for youth-run SMEs with “Your Project” programme
Minister of Military Production Mohamed Al-Assar said the ministry plays a large…
CBE finances purchase of housing for low-income earners with discounted yearly rate
Bank amends mortgage finance initiative, introduces another category of youth