2020-09-22
State Banks Stop Issuing Annual 15% CDs, in Line With IMF Program
National Bank of Egypt (NBE) and Banque Misr have…
2020-09-21
Egypt Introduces Tariff Adjustments; Including Over 50% Discounts in Custom Duties in Some Industries
Egypt's finance ministry has introduced tariff…
2020-09-20
Banking Consortium Inks $355 Mn Loan With EGMPT to Establish Terminal at Alexandria Port
A banking consortium that involves the largest two…
2020-09-17
'Early' Addition of Gold to Commodities Exchange May Not Pay Dividends: Analyst
The anticipated "early" introduction of…
2020-09-16
Egypt's SWF to Provide Plots, Buildings for Hospitals to Boost Accessibility of Surgeries
Egypt's sovereign wealth fund (SWF) plans to provide…
2020-09-15
CBE Ends Pandemic Initiative to Postpone Loan Installments, Introduces New Structure for Credit Facilities
The Central Bank of Egypt (CBE) has decided to end…
2020-09-14
No Deal Reached Yet on Sale of Vodafone Egypt Stake to STC
Saudi Telecom Company (STC) has said that no deal…
2020-09-13
Egypt's Annual Headline Inflation Lowest Since Oct; No Short-Term Increase Foreseen
Egypt's annual urban consumer price inflation…
2020-09-10
CBE Repaid $35 Bn in Foreign Commitments, Market Injections Amid Coronavirus Crisis: Governor
The Central Bank of Egypt (CBE) has repaid foreign…