Tag: CBE

Pound flotation raises mobile, computer prices and slows down sales

The Central Bank of Egypt (CBE) announced their decision to float the…

Mohamed Alaa El-Din

The first tender-less Tuesday in almost 4 years

Since December 2012, the CBE has posed 517 regular tenders and 9…

Hossam Mounir

Egyptian Automotive Dealers Association halts imports for November

The Egyptian Automotive Dealers Association held a meeting for leading car importers…

Ahmed Dawoud

Car companies halt sales to reprice in wake of CBE decision

Car companies halted their sales processes to review prices after the Central…

Ahmed Amer

PBDAC amends its main system after parliament approves law: chairperson

We will immediately begin to communicate with the World Bank to implement…

Hossam Mounir

US dollar exchange rate stable on 1st day of Egyptian pound’s complete flotation

Sunday marks the first day of the Egyptian pound’s complete flotation in…

Hossam Mounir

Financial portfolios undergo restructuring amid tendency to invest in stocks of export companies: investment managers

Investment in shares is more attractive compared to fixed-income instruments despite increase…

Mohamed Ahmed

30% hike in inflation rate in short term: Beltone Financial

The Central Bank of Egypt (CBE) announced on Thursday that it is…

Hisham Salah

Egyptian pound flotation is a historic decision: bank leaders

Raising interest was important to protect citizens' savings and to face expected…

Hossam Mounir