Egypt Launches New EGP 100 bn Mortgage Finance Initiative
Egyptian President Abdel Fattah Al-Sisi directs the Central Bank of Egypt (CBE) to launch a new mortgage finance program worth EGP 100 bn, Invest-Gate reports.
Sisi, Amer Discuss Monetary Policies
President Abdel-Fattah El-Sisi stressed the necessity of coordination between different state apparatuses to reduce public debt and inflation rates, Invest-Gate reports.
Egypt in Talks for New IMF Deal
Egypt is holding talks with the International Monetary Fund (IMF) over a non-financial structural reform program, which will be focusing on abolishing bureaucracy to lure more private investments
Egypt to Receive 5th IMF Loan Tranche in January
The Egyptian president’s office announced on December 31 that the government will receive the fifth tranche of the USD 12 bn International Monetary Fund (IMF) loan program in January.
Foreign Currency Inflows Reach USD 80 bn Since Float
Egypt’s banking system has witnessed foreign currency inflows worth USD 80 bn since the central bank floated the pound last year
Page 1 of 1
