Egypt’s biggest lender, the state-owned National Bank of Egypt has raised $8.2 billion since the liberalisation of …
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Egypt’s central bank
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Foreign direct investment in Egypt has surged 12.1 percent to $10.8 billion in the first nine months …
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Egypt’s central bank announced Wednesday cancelling limits on international currency transfers. “It was decided to permit banks …
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Banks
Egypt issues $713.1 mln in USD-dominated treasury bills at 3.529% average yield
by Yomna Yasserby Yomna YasserEgypt’s Finance Ministry sold $713.1 million in one-year dollar-denominated treasury bills to local and foreign financial institutions …
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Banks
Central Bank of Egypt denies reports it told banks to halt Qatari dealings
by Yomna Yasserby Yomna YasserEgypt’s central bank has not given orders to halt transactions in Qatari riyals or dealings with Qatari …
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Banks
Egypt central bank bans use of Qatari riyal in response to Doha rift
by Yomna Yasserby Yomna YasserEgypt’s central bank has issued a grim decree early Monday that bans the use of the Qatari …
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Banks
Foreign currency inflows into Egypt’s banking system hit $25 bln since float
by Yomna Yasserby Yomna YasserEgypt’s central bank governor Tarek Amer said Sunday that foreign currency inflows into the banking system reached …
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Banks
Banque Misr sold $5 billion to cover imports since pound float; chairman says
by Yomna Yasserby Yomna YasserEgypt’s second largest state-owned lender, Banque Misr said Sunday it has provided around $5 billion to cover …
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Banks
Egypt unexpectedly hikes key interest rates by 200 basis points
by Yomna Yasserby Yomna YasserEgypt’s central bank has raised on Sunday its key interest rates by 200 basis points during a …
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Banks
Egypt c.bank to issue local treasury bills of 12.2 bln pounds on Sunday
by Yomna Yasserby Yomna YasserEgypt’s central bank will issue on Sunday, on behalf of Finance Ministry, treasury bills totalling 12.2 billion …