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Business - Economy
11/17/2020 12:13:12 PM
This action comes despite the challenges of the COVID-19 pandemic and the increasing risk that the global economy is facing, according to the bank

Egypt - Politics
11/12/2020 4:12:00 PM
The service covers 11 governorates in the first phase, with the remaining governorates to follow shortly

Business - Economy
9/24/2020 4:09:49 PM
10 phases of the electronic payment and collecting system have been carried out starting May 2019, including providing 17,000 GPOS for electronic payments and collecting in the administrative bodies across the country

Business - Economy
9/21/2020 12:55:13 PM
The CBE offered T-bills in an auction on Sunday with the aim of attracting EGP 19 billion, with interest rates ranging between 12.9 percent and 13.6 percent

Business - Economy
9/10/2020 3:08:41 PM
Some 260 international investment funds purchased $18 billion worth of treasury bills and bonds in Egyptian pounds due to their confidence in the Egyptian currency, said Amer

Business - Economy
8/26/2020 2:37:19 PM
The yields will be used to bridge the gap in the state budget deficit

Business - Economy
8/24/2020 2:55:00 PM
On Sunday, the CBE offered T-bills in Egyptian pounds, on behalf of the finance ministry, worth EGP 20.5 billion over two terms to provide finances for the same purpose

Business - Economy
8/23/2020 1:20:52 PM
The state’s budget deficit was widened under the pressure of the COVID-19 crisis to 6.5 percent of GDP in FY2019/2020 up from 6.2 percent in FY2018/2019

Business - Economy
8/12/2020 3:55:00 PM

Business - Economy
7/7/2020 4:11:38 PM
Since March, Egypt has seen a decline in its NIRs, which have been hit by the COVID-19 crisis with foreign investors selling their T-bills and bonds

Business - Economy
6/25/2020 8:11:33 PM

Business - Economy
6/15/2020 1:28:15 PM

Business - Economy
6/9/2020 3:16:35 PM
Since March, Egypt has seen a decline in its NIRs amid the COVID-19 crisis and its implications, which have forced foreign investors to sell their T-bills and bonds

Egypt - Politics
6/7/2020 4:34:33 PM
The preliminary approval comes after the parliamentary majority 'Support Egypt' coalition officially submitted two draft bills on the formation and election of the Senate and three other draft laws

Business - Economy
6/7/2020 4:00:20 PM
Since March, Egypt has seen a decline in its NIRs due to the COVID-19 outbreak and its repercussions, which have forced foreign investors to sell their T-bills and bonds

Business - Economy
5/20/2020 5:12:46 PM

Business - Economy
5/14/2020 5:09:28 PM

Business - Economy
5/7/2020 4:08:25 PM

Business - Economy
4/30/2020 12:02:24 PM

Egypt - Politics
4/16/2020 8:27:10 PM
The powers would include the right to suspend the school and university year, to postpone payment of utility bills and taxes, and to quarantine returning expats

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