Banking

The Central Bank of Egypt’s (CBE) has launched new mortgage finance initiative a few days ago, and it has just revealed its requirements according to the Deputy Governor, Gamal Negm.
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Egypt’s debt instruments attracted EGP 41.8 billion in four auctions, figures released by the Central Bank of Egypt (CBE) showed.
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African Export-Import Bank (Afreximbank), the Pan-African multilateral EXIM Bank, signs of a 7-year US$350 Million Term Loan Facility to provide financing to OCP Group, the world’s largest phosphate…
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The Central Bank of Egypt (CBE) will issue new polymer banknotes by mid-year at the new printing house in the New Administrative Capital (NAC), east of Cairo, the CBE announced
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Remittances from Egyptians working abroad surged 10.5 percent year-on-year to around $29.6 billion in 2020, the central bank announced on Monday.
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Central Bank of Egypt (CBE) has launched a new mortgage finance initiative on President Abdel Fattah al-Sisi directives to help low and middle citizens.
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Egypt is expected to see a slowdown in its real GDP growth of three percent in 2021, down from the 3.6 percent in 2020, before rebounding to 4.9 percent in 2022, according to the African Development…
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Commercial International Bank (CIB) won the awards for Best Trade Finance and Best Cash Management Service Provider in Egypt.
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Global Finance, an American magazine that specialises in financial markets and investment banking, named the African Development Bank (AfDB) the best multilateral financial institution in the world…
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Libra Capital, part of Cairo-based infrastructure investment firm Enara Group, said on Wednesday it signed an agreement for a 200 million Egyptian pound ($12.7 million) long-term loan from the Arab…
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