Egypt launches initiative encouraging citizens abroad to increase remittances
Egypt's ambassador to Riyadh announced the initiative during a celebration to commemorate…
Economic professors, experts criticise government’s reform programme
IMF loan will not encourage Egyptian economy, says former finance minister
Sugar, foreign currency shortages to push prices up in coming weeks
For more than a month, Egypt has been facing a crisis in…
More liberalised exchange rate regime is one of the tools to solve foreign currency shortage: Amr El-Ganainy
Proper legislation has to be issued to incorporate the informal economy into…
What are the challenges facing the Egyptian economy in the eyes of dealers?
Chief financial officers and heads of treasury sectors at banks (dealers) are…
Crédit Agricole resumes use of prepaid, credit cards for online purchases
The bank noted that if a client uses different cards, the spending…
Loans granted by banks see EGP 60bn increase in May
The total loans granted by banks to their clients, aside from the…
Government policies increase poverty, future for the poor seems bleak: expert
Poverty in Egypt will increase throughout the year, as the government did…
CBE denies any amendments to maximum foreign currency amount allowed to exit Egypt
The recent regulations did not include the foreign exchange, the CBE said…
CBE to hold exceptional $1.5bn auction
CBE sold $200m to banks operating in the local market at rate…