Egypt’s central bank on Tuesday affirmed its inflation forecast of 13 percent in the fourth quarter of …
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Egypt’s central bank
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Egypt’s central bank has exempted the state-owned Egyptian Arab Land Bank (EALB) from a 14 percent required …
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Egypt’s central bank kept its main interest rates unchanged on Thursday at a meeting of its monetary …
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BanksFeature
Remittances from Egyptian expats hit new record high in FY2017-18
by Ahmed Aliby Ahmed AliRemittances from expatriate Egyptians hit another record and climbed by 21.1 percent to $26.5 billion in the …
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Egypt’s central bank kept on Thursday its main interest rates steady, as expected, with its deposit rate …
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BanksFeature
Egypt plans renewal of currency swap deal with China next Dec.: Amer
by Ahmed Aliby Ahmed AliEgypt expects to renew a bilateral currency swap deal worth $2.7 billion with China by next December, …
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Egypt’s state-run lender Banque du Caire has attracted some $1.6 billion since Egypt took a bold step …
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BanksFeature
BREAKING: Egypt’s central bank holds interest rates as expected
by Yomna Yasserby Yomna YasserEgypt’s central bank kept interest rates unchanged as expected on Thursday, following sharp increases in fuel and …
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Financial Institutions
IMF, Egypt to host inclusive growth, job creation conference next month
by Yomna Yasserby Yomna YasserThe International Monetary Fund and Egypt’s central bank and government will co-host a high-level conference in Cairo …
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Banks
Central bank of Egypt cuts key rates again as inflation continues to ease
by Yomna Yasserby Yomna YasserEgypt’s central bank cut Thursday its key interest rates by 100 basis points for the second meeting …