Tag: CBE

US dollar rise to stop at EGP 8 before Economic Summit: FEI head

Reducing the gap between the official price and black market price will…

Doaa Farid Doaa Farid

$1 reaches EGP 7.47 on official selling market

CBE’s Monday dollar auction ended with $1 standing at EGP 7.43

Doaa Farid Doaa Farid

Oil diminishes interest rates

By Ahmed El-Wahsh Central Bank of Egypt (CBE) director, Hisham Ramez took…

Daily News Egypt Daily News Egypt

Falling EGP confirms Central Bank’s optimism, ensures foreign investors: DCode Consulting

On Thursday, the CBE’s Monetary Policy Committee lowered the interest rate for…

Mohamed Ayyad Mohamed Ayyad

Gamal Negm addresses concerns over mass resignations of banking heads

More than 150 banking leaders submitted their resignations in recent days in…

Mohamed Ayyad Mohamed Ayyad

Government to address obstacles facing entrepreneurship, SMEs: Mehleb

Bank branches in Upper Egypt and Nile Delta to facilitate funding for…

Daily News Egypt Daily News Egypt

External debt rises to $46.1bn at end of June 2014

Ratio of external debt to GDP registers 16.4% compared to 17.3% YoY,…

Sara Aggour Sara Aggour

Al-Sisi obliges financial services, public sector to pay income tax electronically

Finance minister said amendment helps managing public debt as it improves flow…

Doaa Farid Doaa Farid

Mehleb witnesses signing of pollution control funding agreement worth €70m: Cabinet

Project to provide technical and financial support to industrial facilities in line…

Mohamed Ayyad Mohamed Ayyad

Egyptian energy investments may decrease due to low global oil prices: Experts

Chairman of the Energy Committee of the FEI expects energy investments to…

Daily News Egypt Daily News Egypt