National Bank of Egypt, Banque Misr release certificates of 22-16%

Sun, 02 Apr 2023 - 10:44 GMT

The National Bank of Egypt and Banque Misr announced Sunday two savings certificates of three years, reflecting the positive outlook on lower interest rates in the upcoming period.

Interest expenses on Egypt's debts record LE392.8B within 6 months

Tue, 07 Mar 2023 - 02:44 GMT

Debt expenditures accounted for 42 percent of Egypt's total expenditures during the six months, amounting to LE 940.8 billion.

Parliament approves new law to bypass 65% of fines and interest on tax arrears

Sun, 17 Jul 2022 - 12:49 GMT

“The door will be opened for filing tax disputes after the end of the Eid al-Adha holiday, and until the end of December of this year; this will help alleviate the burdens on the productive sectors in light of the negative repercussions of the war in Europe,” the Finance Minister said.

Individual’s share of Egypt’s foreign debt increases to $812

Wed, 25 Oct 2017 - 02:17 GMT

The individual’s share of Egypt’s foreign debt increased 7% in Q4 of fiscal year 2016/2017 to reach $812.3, compared with $759.4 in Q3 of the same year.

CBE keeps interest rates unchanged

Fri, 29 Sep 2017 - 03:30 GMT

The Central Bank of Egypt (CBE) on Thursday decided to keep the key interest rates unchanged.