MPs suggest change in monetary policy punctuated by floating exchange rate
House of Representatives will request Governor of CBE disclose his strategy in…
CBE removes caps on foreign currency deposits, withdrawals for individuals
The central bank has issued new regulations to fund acquisitions
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…
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…
Banks submit SME loan programmes to CBE
The CBE's January announcement mandated that banks must direct a minimum of…
Egypt’s US dollar certificates issuance positive for banks, insufficient to quell liquidity pressure: MOODY’S
The sale of US certificates for sale to Egyptian expatriates will increase…
Automotive manufacturers claim EGP 27bn tariff contribution in rejoinder to CBE governor’s criticism
Current legislation does not attract large manufactures, says Mostafa
Profit repatriation impedes acquisition deals in local market
CBE failed to resolve repatriation problems, which hindered flow of foreign direct…
CBE finances purchase of housing for low-income earners with discounted yearly rate
Bank amends mortgage finance initiative, introduces another category of youth