Tourism investors face obstacles in Egypt
Banks prefer to loan government over investors, says Egyptian Tourism Federation Chairman
CBE maintains key interest rates
The CBE also kept the discount rate unchanged at 9.25%.
HSCB launches EGP300m growth fund for SMEs
This is the second growth fund launched by the bank
Emirates NBD Egypt net profit hikes 22% in 2014
Total assets increased by 20%, registering over EGP 24.3bn
ECESR wins appeal, white taxi owners to renew licences without bank statement
Ministry of Finance has supported white taxi project with EGP 1.5bn since…
Local banks deny restrictions on providing $100 notes
The Central Bank of Egypt gave no instructions to lenders operating in…
3 investment banks promote 11 developmental projects for Economic Summit
Global Swiss bank expressed desire to participate in marketing Conference's investment projects
28.5% of Egyptian banks provide mobile banking
Banks allow use of applications by clients and non-clients to check accounts,…
Following deposits’ ceiling, dollar to remain stable until March summit: Officials
CBE placed ceiling deposit of $10,000 per day and $50,000 per month
Output and new orders of private companies decline: HSBC
Lower demand contributed to output, the bank stated