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Inflation rises for the first time in six months in November
Inflation rises for the first time in six months in November: Annual urban inflation rose slightly to 3.6% in November…
National Bank of Egypt seeks CBE's approval to establish a digital bank next year
The National Bank of Egypt is seeking approval from the Central Bank of Egypt to establish a digital bank in…
Central Bank of Egypt sells USD 1 bn of 1-year t-bills
The Central Bank of Egypt (CBE) sold yesterday USD 1 bn in 1-year USD-denominated t-bills,official CBE data shows. The bills…
CBE to compensate bank lending under EGP 150 bn industrial, mortgage programs
CBE breaks down how it will compensate bank lending under EGP 150 bn industrial, mortgage programs: The Central Bank of…
Egypt’s EGP 150 bn industry, mortgage support initiatives positive for EGP stability + real estate sector -Beltone
Gov’t’s EGP 150 bn industry, mortgage support initiatives positive for EGP stability + real estate sector -Beltone: The government and…
What we’re tracking on 8 December 2019
The House of Representatives is back from recess today, and the big question isn’t what’s next on the legislative agenda,…
Banks to run background checks on businesses under new working capital financing regulations
REGULATION WATCH- CBE issues new lending regs to banks: The Central Bank of Egypt (CBE) on Tuesday issued new regulations…
Egypt launches EGP 100 bn program to boost local industry
Factories with annual sales of less than EGP 1 bn can now borrow at subsidized rates: The government and the…
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