Amid stalled import operations, Afreximbank-CBE agreement to provide $500m in facilities
The Afreximbank facility is part of a $3.5bn financing programme, approved by the…
Uncertainty surrounds United Bank chairman appointment
While Fahmy is considered most likely to ascend to the leadership role,…
Banks record EGP 8.2bn increase in deposits in November: CBE
Banks also saw a EGP 2.3bn increase in loans during the same…
Inflationary wave hits markets after dollar value appreciates to EGP 9.15 in exchange offices
CI Capital has predicted a high average inflation rate, ranging between 11%…
CBE bans foreign currency transactions at local points of sale
According to the CBE, this decision came in light of the discount…
CBE cannot be asked to bear more than it can to solve: El-Kosayer
The CBE is not responsible for providing the dollar; it is responsible…
CBE raises cap on dollar deposit to $1m per month
The new cap compares to the previous daily limit of $10,000 on…
CBE Deputy Governor clarifies regulators on dollar cap increse
Officers from banking operations expressed uncertainty regarding several features of the new…
Asset managers expect balanced funds to dominate in 2016
Appeal of balanced funds grew following diminishing investment opportunities in monetary and…
Ministries of investment, finance meet with CBE to discuss activation of secondary bond market
Investment Ministry and EFSA form joint committee to reduce fees for listing…
