Central Bank of Egypt removes foreign currency transfer limits
The move could spur foreign investments to Egypt, says Tarek Amer
Banknote issuance to GDP increases to 12.68% in February: CBE
CBE issued banknotes of EGP 411.559bn in February, compared to EGP 405.416bn…
Inflation likely to resume rally if government delivers on next round of austerity measures
Research houses expects prices to shoot up again with applying subsidy cuts…
CBE, EFSA sign agreement to enhance financial inclusion in Egypt
Sharm El-Sheikh will host an international conference on financial inclusion on 17…
Egypt’s foreign exchange reserves reach new high since March 2011, thanks to new dollar bonds
The foreign exchange reserves increased to $31.1bn at the end of May…
We have not issued any instructions to banks to stop dealing in Qatari riyal: CBE
The Central Bank of Egypt (CBE) denied issuing any instructions to banks…
Egypt’s foreign exchange reserves reach new high
The foreign exchange reserves increased to $31.1bn at the end of May…
CBE completes electronic linking system with COMESA banks
The project is a new positive step towards supporting Egyptian economic relations…
CBE’s decision to raise interest rate continues to stir controversy
The decision was great and emphasised the bank’s determination to activate its…