The Central Agency for Public Mobilization and Statistics (CAPMAS) has indicated that Egypt's annual headline inflation has plummeted to 9.4% in June from 14.1% a month earlier for the first time in 2019 and the l ...
The Central Bank of Egypt (CBE) has indicated that the country managed to add USD 112 mn to its reserves base in May to close the month at USD 44.274 bn, compared to USD 44.218 bn at end-April
The Egyptian Real Estate Council (ERC) has proposed renewing interest rates applied on mortgage financing for would-be middle-income homebuyers to range from 8 to 12%
The Central Bank of Egypt (CBE) will reintroduce subsidized mortgages worth EGP 50 bn for middle-income individuals, thereof, a committee of members from the bank, local banks, and real estate developers will be f ...
The Central Bank of Egypt (CBE) said on May 23 the volume of Egypt's foreign trade exchange recorded EGP 47.7 bn in the first half of FY 2018/19 versus EGP 42.85 bn in the year-ago period
The Central Agency for Public Mobilization and Statistics (CAPMAS) has reported that Egypt's annual headline inflation rate dipped to 13% in April from 14.2% in the prior month.
The Central Bank of Egypt (CBE) announced on April 3 that the country’s net foreign reserves climbed to USD 44.11 bn at the end of March, up from USD 44.06 bn a month earlier.
Egyptian tycoon Naguib Sawiris has revealed his intentions to pump investments estimated at USD 2 bn into the Egyptian tourism sector, namely in the North coast, to join the host of tourism projects being implemen ...
The Central Bank of Egypt (CBE) announced on March 4 that the net foreign reserves surged to USD 44.060 bn at the end of February, up from USD 42.616 bn a month earlier
The Central Bank of Egypt (CBE) has put in place new policies and measures on the bank's mortgage finance initiative and its subsequent amendments, limiting it to financing low-income citizens only.
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