Tag: Central Bank of Egypt

External debt rises to $46.1bn at end of June 2014

Ratio of external debt to GDP registers 16.4% compared to 17.3% YoY,…

Sara Aggour

International foreign reserves drop to $15.3bn

Egypt’s BOP recorded $410m surplus in Q1 2014/2015

Sara Aggour

Mehleb witnesses signing of pollution control funding agreement worth €70m: Cabinet

Project to provide technical and financial support to industrial facilities in line…

Mohamed Ayyad

Egyptian energy investments may decrease due to low global oil prices: Experts

Chairman of the Energy Committee of the FEI expects energy investments to…

Daily News Egypt

Banks to begin paying returns for Suez Canal certificates Sunday

The value of the first instalment is estimated to be approximately EGP…

Daily News Egypt

Tourism sector asks banks to postpone debt repayment to end of 2015

Banking system owed EGP 10bn from tourism sector, workers hope to postpone…

Abdel Razek Al-Shuwekhi

EGP 10.5bn to support budget deficit by Egyptian banks

NBE-led union collects loan worth $1.5bn to pay portion of the dues…

Shaimaa Al-Aees

US delegation investigates investment climate, includes potential investors

Meeting held Saturday between American Chamber of Commerce members and Prime Minister…

Mohamed Ayyad

Foreign reserves register $1.7bn year-on-year decrease in October

October’s figure marks the fourth consecutive increase in foreign currency since a…

Doaa Farid

Saudi Arabia allocates $350m to Egypt in 3 agreements

The agreements include two electricity stations in Western Damietta and El-Shabab

Mohamed Ayyad