Egypt to Issue New Draft Banking Law

• Thursday, 20th July 2017
• by Sarah Samir

Egypt will issue a new banking law to regulate the Egyptian banking sector and the work of the Central Bank of Egypt (CBE). The new law includes 170 articles divided into 6 branches, Al Mal News reported. However, the...

IMF: GCC Diversification Solution to Oil Price Dilemma

• Monday, 26th October 2015
• by Egypt Oil & Gas

The IMF expects oil prices to average $52 a barrel in 2015, down from $110 a barrel in the first half of 2014, reported Gulf News. The latest IMF regional economic outlook added that banking and Financial services ind...