Egypt to repay $1bn to Qatar in October
The $1bn was the remaining amount of Qatar’s deposit at the CBE.…
Following deposits’ ceiling, dollar to remain stable until March summit: Officials
CBE placed ceiling deposit of $10,000 per day and $50,000 per month
Dollar’s unofficial market still precedes official by EGP 0.16
$1 is EGP 7.59 on official market, EGP 7.75 on black market
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…
$1 reaches EGP 7.47 on official selling market
CBE’s Monday dollar auction ended with $1 standing at EGP 7.43
Oil diminishes interest rates
By Ahmed El-Wahsh Central Bank of Egypt (CBE) director, Hisham Ramez took…
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…
Gamal Negm addresses concerns over mass resignations of banking heads
More than 150 banking leaders submitted their resignations in recent days in…
Government to address obstacles facing entrepreneurship, SMEs: Mehleb
Bank branches in Upper Egypt and Nile Delta to facilitate funding for…
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,…