Tag: CBE

Court suspends CBE’s decision to limit tenure of bank heads to 9 years

Tarek Amer, the CBE’s governor, issued a decision at the end of…

Mohamed Ayyad Mohamed Ayyad

Banks keep ignoring CBE’s interest increase

Limited changes seen at NBE, Banque Misr, Banque Du Caire, and IDBE,…

Hossam Mounir Hossam Mounir

ETTA extends deadline for banks’ complaints to Tuesday

Tourism income dropped to $6.1billion in 2015, compared to $7.3bn during 2014

Abdel Razek Al-Shuwekhi Abdel Razek Al-Shuwekhi

CBE launches new website

The new website is the first electronic index for supervisory instructions, says…

Hossam Mounir Hossam Mounir

Bond yields for 5-year term jump by 0.82%

Ministry of Finance cancels 10-year term bonds initially planned to be issued…

Hossam Mounir Hossam Mounir

Strong expectations about pound devaluation by CBE after raising interest rates

Analysts warn about the negative impact on inflation rate if the step…

Hossam Mounir Hossam Mounir

Analysts expect EGX to overcome rise of interest rate by reaching 7,480 points

Analysts predicted that purchasing powers will be dominant during the trading session…

Mohamed Ahmed Mohamed Ahmed

Banks to hold meetings on Sunday on the fate of interest rates following CBE decision

Banks will watch the decision’s impact’s yield on treasury bills and bonds…

Hossam Mounir Hossam Mounir

Increase in interest rate threatens ability to attract investments, wastes opportunities

The deflationary policy will increase inflation and production costs will climb, says…

Mohamed Alaa El-Din Mohamed Alaa El-Din