CBE considers launching initiative to support micro-enterprises
Intensive meetings held with ministries, authorities responsible for financing micro-enterprises to finalise…
Offering United Bank for sale still pending: chairman
CBE, other parties still studying issue of sale, we have not received…
Bankers expect interest rates on savings instruments in pounds to rise
The Monetary Policy Committee of the CBE decided to raise deposit and…
Prices of food items ‘increased’, minister promises control
Food prices will not increase following dollar rise, Hanafy says
CBE’s SME funding initiative met with doubt
The initiative conflicts with other government lending initiatives because of its low…
Basic interest rate raised by 1.5%
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE)…
Moody’s praises CBE pound devaluation
Flexible exchange rate can offset some major challenges, Moody’s says
JP Morgan expects further EGP devaluation, IMF loan deal
The US firm expects higher interest rates
CBE sells $1.5bn to cover portion of temporary credit facilities to importers
Banks are required to redeposit amounts obtained in the CBE auction with…
The difficult question of the dollar crisis
Many have raised questions about the reason behind the dollar crisis. Fortunately,…