Fitch forecasts dollar to reach EGP 9 before year-end
Egypt could reach an IMF agreement if required by authorities, Fitch says
Metropolitan Consulting supports CBE’s initiative for financing SMEs
Nagaty said the company’s goal behind this step is to contribute to…
Offering United Bank for sale still pending: chairman
CBE, other parties still studying issue of sale, we have not received…
CBE governor claims responsibility for reduction of pound’s value against dollar
In a meeting with the CBE deputy governor and various banking officials,…
CBE’s SME funding initiative met with doubt
The initiative conflicts with other government lending initiatives because of its low…
CBE sells $1.5bn to cover portion of temporary credit facilities to importers
Banks are required to redeposit amounts obtained in the CBE auction with…
The difficult question of the dollar crisis
Many have raised questions about the reason behind the dollar crisis. Fortunately,…
The automotive sector’s shaky road
The Egyptian automotive market can be described in three terms: "suffered, suffering…
