Annual inflation soars to 9.8% in June
Financial experts predict inflation levels to further accelerate in the coming months…
Central Bank head in Abu Dhabi in search of financial aid
The visit follows a statement detailing a drop in the country’s capital…
Banks close early ahead of ultimatum
The Central Bank of Egypt orders banks to close early before army’s…
New Central Bank Regulation to hit local money markets
CBE tightens limits on tier 1 capital in money markets; Beltone to…
Central Bank receives $3bn Qatari deposit for bonds
Bonds to mature in three years with 3.5% interest rate
Government borrows another EGP 13bn
New bidding round for T-bills to counter declining yields
Central Bank: No Qatari aid received yet
Libya has also promised to grant Egypt $2bn around the same time.
Egypt’s foreign debt jumps 12.9 %
Qatari, Libyan and Turkish loans represent main reasons of foreign debt gap,…
Egypt’s Central Bank pumps $600m into Egyptian market in 30 minutes
Move intended to curb inflation
CBE: Currently no Libyan CBE deposits, no specific date announced
Reports on Saturday that Libya deposited $2bn in Egypt’s Central Bank