Central Bank of Egypt (CBE)
A banker at the Central Bank of Egypt (CBE) was referred by the Illegal Earning Agency to Cairo Criminal Court for embezzling LE 3 million ($168,000).
However, the monthly inflation rate recorded a rise of 1.7 percent.
Zulficar stated that the number of enterprises holding licenses to provide microfinance increased to six while that of NGO’s rose to 897.
Amer will be awarded in November during a ceremony in Beirut.
Financial experts described the decision of the Central Bank of Egypt (CBE) to raise the interest rate by two percent as "positive", to control the inflation.
State-owned Egyptian banks National Bank of Egypt (NBE) and Banque du Caire have stopped dealing with the Qatari riyal (QAR) on Monday.