Tag: CBE

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

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

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

Weekly dollar bids rise to four times a week

CBE is set to raise dollar bids worth a total of $160m…

Menna Samir

$1.1bn decrease in foreign reserves from October to November: CBE

Decline mainly due to the repayment of accrued deposits to Qatar, claims…

Menna Samir

Tourism sector asks banks to postpone debt repayment to end of 2015

Banking system owed EGP 10bn from tourism sector, workers hope to postpone…

Abdel Razek Al-Shuwekhi

Numerous public bank officials resign to protest maximum wage

New maximum wage sets wages at 50% less than original wages, resigned…

Doaa Farid

US delegation investigates investment climate, includes potential investors

Meeting held Saturday between American Chamber of Commerce members and Prime Minister…

Mohamed Ayyad

Saudi Arabia allocates $350m to Egypt in 3 agreements

The agreements include two electricity stations in Western Damietta and El-Shabab

Mohamed Ayyad

CBE to supervise monetary transactions outside banking sector: Deputy governor

Supervision will cover monetary fund money despite antipathy of investment directors

Mohamed Ayyad