Banks to finish classifying SMEs, microenterprises to be financed by end of August: I-Score head
Nile Rating Company, specialised in SMEs, has merged in I- Score, said…
The United Bank to be sold late 2016, early 2017: chairperson
The CBE received requests from a large number of international institutions to…
EGP 65bn increase in deposits at banks in May
The total volume of deposits at banks operating in the Egyptian market,…
Loans granted by banks see EGP 60bn increase in May
The total loans granted by banks to their clients, aside from the…
Egypt to repay international bonds worth $3bn in December 2016: Finance Ministry
Egypt has other bonds worth $3.5bn that will be repaid in the…
Panic dominates after punishment toughened on currency traders
Employees in exchange companies in the informal market express concern, outrage over…
Would shutting down exchange companies solve the US dollar crisis?
Opponents to the proposal point to the companies’ role in securing hard…
Value of 1st IMF tranche not determined yet: Finance Minister
Value of 1st tranche to be determined during coming 4 to 6…
Egypt, IMF to cut budget deficit to 5.5% during 3-year funding programme
Primary agreement between IMF and Egypt; IMF executive board to determine timing…
IMF, Egypt reach agreement on 3-year $12bn extended fund facility
CBE’s aim to move to flexible exchange rate will strengthen competitiveness, says…