Tag: CBE

EGX expected to move between 7,050 and 7,300 points this week

EGX closed at 7,182.8 points on Monday, with a 2.88% increase.

Mohamed Ahmed Mohamed Ahmed

Decline in oil prices causes $3.7bn decline in exports over 9 months: CBE

The global drop in oil prices has led to a decline in…

Hossam Mounir Hossam Mounir

$5.8bn in FDI recorded over first nine months of FY 2015/2016

The CBE said in a statement on Sunday that the net inflows…

Hossam Mounir Hossam Mounir

$26m increase in CBE’s foreign exchange reserves in June

The value of gold included in the reserves increased to $2.602bn in…

Hossam Mounir Hossam Mounir

Balance of Payments registers $2.6bn increase in deficit over 9 months of FY 2015/16: CBE

The CBE said in a statement on its website on Sunday that…

Hossam Mounir Hossam Mounir

CBE to reveal its foreign exchange reserves this week

Debt repayment to Qatar and Paris Club countries is likely to impact…

Hossam Mounir Hossam Mounir

Government borrows more than EGP 1.1tn through treasury bills and bonds in FY 2015/16

Ministry of Finance reveals its intention to borrow EGP 317.5bn from banks…

Hossam Mounir Hossam Mounir

Banks ignore CBE’s interest rate increase

CBE will not keep current rates and may be reversed in three…

Hossam Mounir Hossam Mounir

Banks begin monitoring debit card transactions abroad

Misused debit cards will be suspended immediately, says the head of one…

Hossam Mounir Hossam Mounir

CBE governor claims report on IMF loan was incorrect

Reuters reported on Monday that Egypt is negotiating a loan worth $5bn;…

Hossam Mounir Hossam Mounir