Tag: CBE

Amer condemns media for promoting exaggerated dollar prices in informal market

We cannot consider the process of dollar trade outside the banking sector…

Hossam Mounir

Ashraf Elkady to take office of United Bank of Egypt by April

Elkady currently serves as assistant managing director of Suez Canal Bank, where…

Hossam Mounir

Price of dollar dropped to EGP 9.70 in informal markets Wednesday: Al Abyad

Dollar price may be dropped again to EGP 9.30 next Sunday, chairman…

Fatma Ahmed

Unflagging EGP decline threatens Egypt’s economic growth

US dollar is forecasted to break EGP 10 threshold

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

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

CBE removes caps on foreign currency deposits, withdrawals for individuals

The central bank has issued new regulations to fund acquisitions

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

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