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Egypt
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Society
4/10/2022 8:53:17 PM
Egypt’s Prime Minister Mostafa Madbouly approved Egyptian citizenship to 17 foreigners for bank deposits in Egyptian banks in accordance with the latest amendments passed in 2019 to laws that govern citizenship and residency regulations for foreigners.
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Egypt
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Foreign Affairs
3/30/2022 2:36:36 PM
Saudi Arabia deposited $5 billion in the Central Bank of Egypt (CBE) on Wednesday, according to Saudi state news agency SPA.
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Business
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Economy
12/21/2021 11:52:53 AM
The Turkish lira was making significant gains Tuesday after the country's president announced new measures to safeguard deposits in the national currency against currency fluctuations.
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World
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Region
6/9/2021 9:29:56 AM
Lebanon's central bank said it could not continue with its subsidies of medical items without dipping into the mandatory reserves and hard currency deposits parked by local lenders at the bank
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World
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Region
6/8/2021 7:22:14 PM
It wasn't immediately clear if commercial banks, short on foreign currency, can meet the demand of an anticipated rush on the banks when the policy goes into effect July 1.
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Business
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Economy
4/29/2021 3:20:20 PM
The data showed that domestic liquidity in the Egyptian market rose to EGP 5.1 billion by the end of March, up from EGP 5 billion in February and EGP 4.5 billion by the end of FY2019/20
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Business
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Economy
4/22/2021 9:42:20 PM
The regulation also states that the bank issuing electronic units must have deposits in Egyptian pounds that are no less in value than the electronic units
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Business
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Economy
10/5/2020 2:51:44 PM
The new procedures facilitate opening accounts, deposits, and purchasing certificates using only national IDs
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World
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Region
8/31/2020 9:22:53 AM
Lebanon's financial crisis has sunk the currency by as much as 80% since October, locked savers out of their deposits in a paralysed banking system and fuelled poverty and unemployment
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World
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International
8/24/2020 1:56:36 PM
The discovery of major natural gas deposits in waters surrounding Cyprus and the Greek island of Crete has triggered a scramble for energy riches and revived old regional rivalries
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World
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Region
4/29/2020 1:31:20 PM
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Antiquities
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Ancient Egypt
4/8/2020 3:36:59 PM
Twelve sacrificial votive bulls’ heads and bones dated to the Ptolomaic period were found in niches cut into the walls of the storerooms
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Business
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Economy
3/30/2020 6:16:22 PM
In line with the state’s preventive measures to contain the repercussions of COVID-19 pandemic, especially on the national economy, the Central Bank of Egypt (CBE) has adopted a stimulus package.
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Al-Ahram Weekly
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Economy
3/30/2020 12:00:00 AM
Cash withdrawals and deposits at Egypt’s banks have been limited for individuals and businesses
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Business
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Economy
1/12/2020 5:35:15 PM
By the end of June 2019, Arab debt deposits in Egypt reached $23.5 billion
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Business
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Economy
1/1/2020 1:34:51 PM
The report attributed the increase in money supply to the rise in current deposits in local currency
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World
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Region
12/4/2019 2:02:15 PM
All deposits made before Dec. 5 would remain subject to the agreement between the bank and the customer, it said
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Al-Ahram Weekly
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Economy
10/8/2019 10:21:40 PM
With interest rates on a declining trend, many people are looking for alternatives to bank deposits, reports Safeya Mounir
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Business
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Economy
10/3/2019 4:40:00 PM
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Al-Ahram Weekly
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Economy
9/18/2019 12:25:14 PM
The value of deposits at Egyptian banks is reaching new highs, with those by households counting for more than 80 per cent of the total, reports Sherine Abdel-Razek
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