Central Bank of Egypt
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Developers
ECB Expertise House Transport Ministry for East Tafria Port Said Railway Project
Wednesday, 3 August 2022
The ECB Expertise House announces collaboration with the Ministry of Transport, represented by the General Authority for Planning Transport Projects, to provide services of preparation of solutions and designs for the East Tafria – Port Said Railway Project, Invest-Gate reports.
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Government
El Gazzar: Bait Al-Watan’s Phase VIII Sees Great Reservation Demand
Monday, 6 June 2022
Assem El Gazzar, Minister of Housing, Utilities and Urban Communities announces that there is a great reservation demand for the eighth phase of Bait Al-Watan project for Egyptians abroad, Invest-Gate reports.
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Government
CBE Issues New Amendments to its Real Estate Financing Initiative
Tuesday, 5 October 2021
CBE amends some of the conditions of the real estate finance initiative for middle-income issued in December 2019,
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Developers
City Edge Developments Partners with CIB
Wednesday, 27 January 2021
City Edge Developments (CED) signs a cooperation protocol with the Commercial International Bank Egypt (CIB) worth EGP1bn, as part of the real estate finance initiative launched by the Central Bank of Egypt, Invest-Gate reports.
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Developers
Banque Misr Partners with CED
Saturday, 23 January 2021
Banque Misr has signed a cooperation protocol with City Edge Developments (CED), as part of the real estate mortgage initiative launched by the Central Bank of Egypt, Invest-Gate reports.
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Government
Egypt’s Annual Inflation Headline Declines : Statement
Sunday, 10 January 2021
Egypt’s annual inflation headline declines to its lowest since October reaching 5.4 % in December, down from 5.7% in November, the Central Agency for Public Mobilization and Statistics (CAPMAS) announced on January 10
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Business
Egyptian Expats’ Remittances Rise 19.6% From July to September: CBE
Wednesday, 9 December 2020
The Central Bank of Egypt (CBE) has uncovered that remittances sent home by Egyptian expats inched up by 19.6% YoY, or USD 1.3 bn (EGP 20.4 bn), during the first quarter of FY 2020/21.
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Investment
Foreign Reserves Hit USD 39.2 bn by November-End: CBE
Monday, 7 December 2020
The Central Bank of Egypt (CBE) has announced that the country's net international reserves edged up to USD 39.2 bn by the end of November, marking a slight increase of USD 1.8 mn compared with October figures.
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Developers
IGI Lists Homes at Ashghar City Under CBE Initiative
Monday, 9 November 2020
IGI Real Estate says residential units at its gated community in west Cairo, “Ashgar City,” are now listed under the Central Bank of Egypt (CBE) real estate financing initiative, in a move that aims at revitalizing the country's mortgage industry by offering convenient payment facilities for potential buyers.
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Investment Government
Egypt’s Stock Market Resumes Trading on CIB Shares
Monday, 26 October 2020
Egypt’s Stock Exchange has resumed trading Commercial International Bank (CIB) shares on October 25 after suspending it on October 23 at the request of the Financial Regulatory Authority (FRA)
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Crédit Agricole, Beta Egypt Sign Cooperation Protocol
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Last Modified January 3, 2022