Tag: CBE

Unflagging EGP decline threatens Egypt’s economic growth

US dollar is forecasted to break EGP 10 threshold

Doaa Farid Doaa Farid

EGX-30 closes with 0.5% surge, unaffected by CBE’s decision

Analysts argue that positive news would encourage investors to buy

Daily News Egypt Daily News Egypt

MPs suggest change in monetary policy punctuated by floating exchange rate

House of Representatives will request Governor of CBE disclose his strategy in…

Abdel Razek Al-Shuwekhi Abdel Razek Al-Shuwekhi

CBE removes caps on foreign currency deposits, withdrawals for individuals

The central bank has issued new regulations to fund acquisitions

Hossam Mounir Hossam Mounir

CBE sells banks $500m to insure strategic imports of food commodities and medicine

The CBE conducted the sale at an exchange rate of EGP 7.73…

Hossam Mounir Hossam Mounir

Faisal Islamic Bank of Egypt to focus on MSMEs in new lending policy

The bank has presented a plan to the CBE to increase the…

Hossam Mounir Hossam Mounir

Banks submit SME loan programmes to CBE

The CBE's January announcement mandated that banks must direct a minimum of…

Hossam Mounir Hossam Mounir

Automotive manufacturers claim EGP 27bn tariff contribution in rejoinder to CBE governor’s criticism

Current legislation does not attract large manufactures, says Mostafa

Ahmed Amer Ahmed Amer