Tag: CBE

Total value of banknotes issued increases by EGP 10bn in May: CBE

Banknote issuance recorded its highest level to GDP since June 2015

Hossam Mounir Hossam Mounir

Banks to finish classifying SMEs, microenterprises to be financed by end of August: I-Score head

Nile Rating Company, specialised in SMEs, has merged in I- Score, said…

Hossam Mounir Hossam Mounir

The United Bank to be sold late 2016, early 2017: chairperson

The CBE received requests from a large number of international institutions to…

Hossam Mounir Hossam Mounir

Egypt to repay international bonds worth $3bn in December 2016: Finance Ministry

Egypt has other bonds worth $3.5bn that will be repaid in the…

Hossam Mounir Hossam Mounir

Panic dominates after punishment toughened on currency traders

Employees in exchange companies in the informal market express concern, outrage over…

Mohamed Ayyad Mohamed Ayyad

Would drop in reserves delay floating of EGP despite IMF report?

The timing of this move is in the hands of the CBE…

Hossam Mounir Hossam Mounir

Would shutting down exchange companies solve the US dollar crisis?

Opponents to the proposal point to the companies’ role in securing hard…

Hossam Mounir Hossam Mounir

IMF Reaches Staff-Level Agreement with Egypt on a Three-Year US$12 Billion Extended Fund Facility

  End-of-Mission press releases include statements of IMF staff teams that convey…

Daily News Egypt Daily News Egypt

IMF loan is last option for Egypt to escape economic crises: experts

IMF-leveraged deal is mandatory; a refusal would lead to losing loan sources,…

Shaimaa Al-Aees Shaimaa Al-Aees