New Banking Law requires 25 banks, 4 foreign branches to raise capital
Banks such as IDB, ABE, ELAB, EBE do not fall under the…
US dollar loses over EGP 1 of its value since start of year
Expectations for US dollar to reach EGP 16.5
Banking draft law will not impose term limits on state-owned banks’ board members: source
The source explained, in a statement to the Middle East News Agency,…
Pundits expect CBE to hold interest rates unchanged on Thursday
April's inflation slowdown is temporary, may pick up again by end-May: analysts,…
Egypt’s domestic debt exceeds EGP 4tn in December 2018: CBE
The CBE said in its monthly report on Tuesday that the domestic…
Banking draft law to be sent to parliament for approval before end-May: source
It stipulates establishment of committee chaired by prime minister to maintain stability…
Egypt’s external debt rises to $96.6bn by end of December: CBE
Egypt's external debt rose to $96.6bn by the end of December 2018,…
Twenty-nine foreign, domestic investors offer to invest $1.25bn in Egyptian T-Bills
CBE accepts 23 offers worth $1bn with 3.85-3.9% interest
CBE considers amending primary dealers system to encourage secondary debt market
Proposals include activating bonds market maker, allocating share of dealers to secondary…
World Bank’s cooperation with CBE to issue fintech sandbox is conditional: Mohieldin
Municipalities in Egypt should have clear detailed budgets first to be qualified…