Lack of investment opportunities straining Egyptian banks
The liquidity of the pound has increased by EGP 64bn since the…
US dollar slips more than EGP 0.22 at CBE on Thursday
In private banks, dollar prices ranged between EGP 18.20 and EGP 18.50…
CBE issues new regulations for mobile payment services
New regulations and procedures constitute a new approach in the banking sector…
US dollar registers new peak, jumps to EGP 19 at HSBC
The US dollar price jumped against the Egyptian pound to register its…
Banks provided financing worth EGP17bn to SMEs and micro enterprises in 9 months: CBE
The recent issuance of certificates has attracted new deposits from outside the…
Local and international organisations propose investing $1.31bn in treasury bills
Local and international organisations proposed investing $1.31bn in a treasury bills tender…
Implementing Basel III, reducing government’s borrowing rate are best ways to improve banking sector: expert
The next step needed to reform the banking sector is to implement…
Cooperation protocol between Banque du Caire, 10th of Ramadan Investors Association to finance SMEs
The cooperation protocol comes within the framework of the initiative launched by…
CBE signs 18bn yuan bilateral currency swap agreement with Chinese central bank
The agreement will lead to a decline in demand on the dollar…
Egypt’s foreign exchange reserves likely to decline by $3bn in mid-December
On 17 December, Egypt must pay $3bn for bonds issued on global…