The ECB founder Mohamed Abdel Ghany said the NAC accounted for a large share of the company’s projects, namely IL Bosco and Vinci by Misr Italia Properties, and Capital 1 and Capital 2 developed by Safwa for Urban Development.
Latest in Tag: ECB Highlight
Latest in Tag: ECB
ECB plans to have businesses in African market as it is very promising, especially after Egypt’s AU presidency
The European Central Bank looks has removed a key pillar of its support for the euro area economies. At their final policy meeting this year, ECB governors announced the end of their bond-buying program.A sum totaling €2.6 trillion ($3 trillion) is not easy to understand. It's a mind-boggling figure that's hard to wrap your head …
Bureau plans to have businesses in very promising African market, with high growth rates, huge business volumes
ECB is designing, supervising implementation of a number of infrastructure projects in Madinaty, New Cairo, Giza, 6th of October City
The ECB’s €2.55 trillion QE program is set to start winding down, with president Draghi likely to signal on Thursday how he intends to turn off the life-support system for the eurozone. So who’ll sink and who’ll swim?The macroeconomic conditions in the 19-member bloc are clearly conducive to ending the stimulus program, most market watchers …
The project is expected to begin in September 2018 and will be completed in September 2021
European Central Bank governors are to meet in Estonia’s capital for their next interest rate meeting. But no one really expects a rate hike, so German savers will have to exercise more patience.The eurozone’s near decade of economic stagnation appears to be over. In the first quarter of 2017, gross domestic product (GDP) grew by …
For nine years, interest rates have fallen and the European Central Bank has fired up the economy with a flood of money. It is becoming increasingly clear that this cannot last forever.”With a sense of foreboding” – the phrase used when someone has a feeling something is going to happen before it does. That must …
German monthly inflation rose more than expected in December, hitting the highest level in more than three years, and positively rounding off a dismal year for central bank efforts to push prices with monetary policy.
The governing council of the European Central Bank has decided to leave its current interest rates unchanged.
The ECB’s governing council is meeting in Frankfurt to debate policy options to further stimulate the eurozone’s economy and get the inflation rate closer to 2 percent. So far, the progress made has been meager.
The European Central Bank has left key interest rates and its QE asset purchasing scheme unchanged. The move was largely expected as analysts said the bank needed to save some monetary ammunition for a December meeting.The ECB held its key refinancing rate at a record-low level of 0 percent on Thursday, where it’s
The eurozone weathered the Brexit vote “with encouraging resilience” and the European Central Bank is ‘ready, willing and able’ to make sure that momentum holds, Mario Draghi said after the bank’s latest policy meeting.
Investors are now paying to own German bonds, as they flock towards safe havens amid Brexit fears and turbulent stock markets. The ECB’s quantitative easing program further pushes down interest rates on sovereign debt.
Slovenia’s central bank has confirmed that Governor Bostjan Jazbec is under investigation as part of the probe into alleged irregularities at the bank in 2013. The ECB has threatened legal action.
The financial crisis is coming back to roost in Italy after warnings about Banco Monte dei Paschi di Siena’s massive amount of non-performing loans caused Italian banking shares to plumb new depths.
The heads of the European Central Bank have come together for a strategy meeting in Sintra, Portugal.
The European Central Bank has said it’s prepared to pump more money into financial markets, should such a move be required to calm markets after Britain’s pro-Brexit vote. National lenders are playing along.
Greek’s ailing banks will be given access to the European Central Bank’s refinancing program. The move brings Greece closer to financial normalization, a gift for its compliance in passing tough austerity measures.
Germany’s highest court has ruled in favor of one of the European Central Bank’s (ECB) crisis-fighting tools, but the real problem facing the eurozone is chronically low interest rates, argues DW’s Christoph Hasselbach.
Germany’s supreme court will rule on whether the ECB has the authority it has claimed under “Outright Monetary Transactions” to do “whatever it takes” to save the euro.The tool was never used, but caused quite a stir.
Starting this month, the European Central Bank (ECB) will be buying up a lot of European corporate bonds. We look at why it has decided to do so and what effect the measure may or may not have short-term.
The days of the eurozone’s highest-denomination banknote may be numbered. The Governing Council of the European Central Bank is meeting on Wednesday to discuss whether the currency area still needs 500-euro bills.
The European Central Bank’s decision to leave interest rates near zero shows little sign of helping the real economy. The cheap money policy is causing more harm than good, DW’s Rolf Wenkel thinks. The leading interest rate at which the European Central Bank (ECB) lends money to commercial banks for overnight loans has been at …
A European Union advisory group representing nearly 400 business, labor and civil society organizations wants the European Central Bank to redirect its money creation powers toward funding new EU infrastructure. Meeting in Brussels, a couple of dozen sober-suited economists and other experts have quietly called for a revolution in the way the EU runs its …
ECB chief Mario Draghi has warned that signs of a return to healthy inflation levels are fading, announcing the central bank will re-examine the scale of its asset purchases to boost prices in the eurozone. In a new sign that the European Central Bank (ECB) could ramp up its controversial asset purchase program to boost …
The European Central Bank has held its first meeting since Chinese markets tumbled following sharply reduced growth predictions. These have had a run-on effect on the eurozone, with both growth and inflation falling. The European Central Bank is ready to increase the scope of its stimulus program in the face of Chinese-led market jitters, but …
The European Central Bank has left its key interest rate unchanged at the historically low level of 0.05 percent. The decision aimed to allay investors’ concerns over the impact of China’s economic slowdown. Thursday’s vote of the central bank’s governing council to not raise the benchmark refinancing rate was widely expected among analysts, who also …