
An app steals Egyptians’ savings
How thousands of Egyptians lost billions of pounds to the White Sands scam
How thousands of Egyptians lost billions of pounds to the White Sands scam
Returns on some savings certificates and loans automatically dropped by 0.5% after corridor price falls
The Monetary Policy Committee of the CBE decided to raise deposit and lending rates at the Egyptian central bank by 1.5%, brining the rate to 10.75% for deposits and 11.75% for lending
Clients will also be able to borrow money, and issue credit cards that have a maximum of 80% of the total account balance with facilitated terms.
Government seeks to increase investments to EGP 336.9bn, increase imports by 3.8% and offer 550,000 job opportunities