CBE postpones decision regarding EGP interest rate to negotiate with coordination council
The Monetary Policy Committee’s (MPC) meeting took three hours Thursday and ended…
Coordinating council for monetary policies held its first meeting
Council reviewed current situation of state general budget
Banks take steps to support tourism after new CBE initiative
Measures include postponing loan repayments for tourism employees and investing in facilities
Local, international institutions offer to invest $1.5bn in Egyptian treasury bills
The CBE accepted $1.1637bn of this liquidity
Federation of Egyptian Banks, Tax Authority settle disputes regarding stamp tax
The Federation of Egyptian Banks and the Egyptian Tax authority have reached…
CBE may raise interest rate on the pound next Thursday: analyst
Rising inflation and expectations of higher dollar interest may raise the interest…
CBE proposes $1.1bn tender for treasury bills
New tender to be issued to pay off old bills worth $1.17bn…
Monetary policy coordinating council to hold first meeting at cabinet Thursday
The council will discuss the future of interest rates on the pound…
Bank Audi Egypt brings $347m to the Egyptian market
Bank Audi Egypt succeeded in bringing $357m to the Egyptian market, bank…
CBE pays 25% of credit facilitation for importers
The Central Bank of Egypt has repaid approximately 25% ($1bn) of the total…