Cairo - Eco - Banknotey - Fady Labib : Mohamed El-Etreby, President of Banque Misr, said: The period for issuing certificates with a return of 25% - 22.5% has not yet been determined, but it will be limited, as it may reach three weeks from the issuance. The nature of the Egyptian people tends to the stability of interest rates and the periodicity of returns " ...
Thursday, 5 January 2023
Mohamed El-Atreby, President of Banque Misr : "Misr" and "Al-Ahly" banks achieved profits that allow them to bear the cost of high certificates
Wednesday, 23 November 2022
" FinTech Egypt " launches the "FINTEKRS" initiative to encourage startups to develop and implement their innovative financial solutions across all governorates
Thursday, 27 October 2022
The IMF lends Egypt $3 billion and announces its welcome to the Central Bank’s decisions
Washington- Eco - Fady Labib : International Monetary Fund (IMF) staff and the Egyptian authorities have reached a staff-level agreement on comprehensive economic policies and reforms to be supported by a 46-month Extended Fund Facility (EFF) Arrangement of US$3 billion ...
The Central Bank of Egypt adopts a flexible exchange rate system and raises interest
Cairo - Eco - Fady Labib : The global economy faced multiple shocks and challenges, the likes of which have not been seen in years. Recently, global markets have been subject to the COVID19 pandemic that put the world on lockdown, followed by the Russo-Ukraine conflict, which had dire economic ramifications. Consequently, Egypt weathered large capital outflows and rising commodity prices ...
The Pope blesses the Holy Family Pilgrimages in Egypt
Cairo –Eco –Nariman Yanny : Egypt’s Minister of Tourism, H.E. Yahia Rashed, has traveled to the Vatican along with a high-level deleg...