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CBE temporarily sets daily limit on bank, ATM cash withdrawals and deposits
CBE temporarily sets daily limit on bank, ATM cash withdrawals and deposits: The Central Bank of Egypt (CBE) decided yesterday…
Naguib Sawiris channels his Inner Donald on the impact of social distancing on the economy
Naguib Sawiris dropped in to Al Kahera Alaan to offer his two cents on the state of the economy as…
Egyptians pour EGP 30 bn into new high-interest savings certificates
EGP 30 bn pours into new high-interest savings certificates: Egyptians invested EGP 30 bn into the new 15% fixed rate…
CBE expands industry stimulus package to agriculture companies
CBE expands industry stimulus package to agriculture companies: The Central Bank of Egypt (CBE) has expanded its EGP 100 bn…
Covid-19 still top story on talk shows
The nation’s talk shows were back last night with all the latest on the covid-19 outbreak: Min Masr’s Amr Khalil…
What we’re tracking on 29 March 2020
Wait, you mean the sell-off is over? US markets entered and exited bear market territory (defined as 20% off a…
EGP to be included on Beni clearing platform
Arab payment platform Beni will include the EGP as a settlement currency following a decision by its proprietor, the Arab…
NBE, Banque Misr sell EGP 21 bn in new fixed-rate savings certificates in first three days
New bank certificates prove popular: The National Bank of Egypt and Banque Misr have sold EGP 20.9 bn of their…
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