Petroleum Newsroom
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Middle East tensions, OPEC supply cut in focus
[ad_1] Oil prices fell on Tuesday after Saudi Arabia reiterated it would aim to keep the market balanced and try…
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Foreign investments in T-bills reach $14.895B by end of March
[ad_1] CAIRO – 21 May 2018: Foreign investments in treasury bills (T-bills) jumped by about $650 million, recording $14.895 billion…
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Bank’s deposits hit LE 3.879T by end of February
[ad_1] CAIRO – 21 May 2019: Total deposits at the banking system, excluding the Central Bank, rose by LE 41.7…
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EGX enters green zone Monday, market cap. gains LE9.5B
[ad_1] CAIRO – 21 May 2019: The Egyptian Exchange (EGX) ended mid-week session in the green zone, adding LE 9.5…
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Dollar prices stable at major Egyptian banks
[ad_1] CAIRO – 21 May 2019: The exchange rate of the US dollar was relatively stable during Tuesday transactions at…
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Egypt keen on AfCFTA’s entry into force – Trade Ministry
[ad_1] CAIRO – 21 May 2019: Egypt’s political leadership is keen on fast-tracking steps for the entry into force of…
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Electricity bill hikes save Egypt from LE 33.5 billion deficit: Min.
[ad_1] CAIRO – 21 May 2019: Egypt’s Electricity Minister Mohamed Shaker announced in a press conference raising electricity prices by…
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New banking bill sets new regulations for forming boards of banks
[ad_1] CAIRO – 21 May 2019: A new banking bill that will be referred to the parliament shortly sets new…
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CBE source: Committee for settling conflicts between banks, clients to be set up
[ad_1] CAIRO, May 21 (MENA) – A source with the Central Bank of Egypt (CBE) said a new banking bill…
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Fund to upgrade banking system to be established under new bill, says CBE official
[ad_1] CAIRO, May 21 (MENA) – A fund to upgrade the banking system should be established as part of a…
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