Tag: CBE

Egypt received first $500m portion of loan from AfDB: Amer

The CBE awaits the first portion of the loan agreed upon with…

Hossam Mounir

Coordinating Council to discuss raising foreign deposit limit for companies

During its extraordinary meeting, council will review programme to support economy that…

Hossam Mounir

CBE postpones decision regarding EGP interest rate to negotiate with coordination council

The Monetary Policy Committee (MPC) meeting took three hours Thursday and ended…

Hossam Mounir

International foreign reserves ends in 2015 with a slight increase

CBE's international foreign reserves increase by $23m at the end of December

Hossam Mounir

Government plans to borrow EGP 281.5bn from banks in next three months

Banks account for 75.5% of total releases of treasury bills and the…

Hossam Mounir

CBE contemplates range of scenarios to revive faltering factories and promote production

The Coordinating Council will discuss the CBE’s alternatives on 10 January, and…

Hossam Mounir

Balance of Payments registers deficit of $3.7bn in first quarter of FY 2015/2016: CBE

The Central Bank of Egypt (CBE) announced Wednesday that the Balance of…

Mohamed Ayyad

Stock market expected to decline due to increase in interest rates

Stock exchange to face short wave of profits as a result of…

Mohamed Ahmed

Global challenges may affect Egypt’s GDP growth: CBE

Monetary Policy Committee increased pound’s interest rate to counter inflationary pressures

Hossam Mounir