Pressure pushed Ramez to resign a month before end of tenure
Ramez’ and CBE board of directors’ mandate was scheduled to end on…
Tarek Amer, new guardian of the Egyptian pound
Expectations of a decline in dollar price on parallel market after departure…
Market awaits dollar auctions to figure out trend of dollar against pound
Fixing dollar price in two upcoming auctions will be strong indication for…
Tarek Amer to succeed Hisham Ramez as CBE governor
Al-Sisi expressed his appreciation for Ramez’s and the CBE board’s sincere efforts…
NBE manages loans worth EGP 40bn during first 9 months of 2015: Montasser
NBE ranked first in Egypt and Africa and third in Middle East…
Dollar price remains EGP 7.93 after 2 consecutive depreciations
The pound is expected to officially jump to EGP 8.30 before May…
Dollar stabilises after increasing by 20 piasters in 2 days
Market awaits CBE's next step; analysts believe July's stability will be repeated
Contracting sector seeks banking assistance to implement major national projects
Banks are rejecting the issuance of letters of guarantee if projects belong…
Bank deposits increase by over EGP 39bn in July, loans by EGP 8.2bn: CBE
According to CBE, the total deposits growth rate of banks in July…
Dollar price to break EGP 8 barrier in banks for first time
Price reaches EGP 8.40 in black market, which is in complete paralysis…