Foreign reserves record $15.29bn end of March
The reserves figure remained within the same range since the beginning of…
Local banks deny restrictions on providing $100 notes
The Central Bank of Egypt gave no instructions to lenders operating in…
CBE sells $281m Sunday, instead of usual $40m to banks
This Sunday and 1 March saw larger than usual amounts supplied to…
External debt decreases by 10.3% in December: CBE
Decrease due to repaying facilities and loans, as well as fall back…
Banks need to meet SMEs needs: CBE Deputy Governor
Financial innovation by introducing new financial instruments that meet consumers 'and investors'…
Banque Misr registers highest net profit in its history
Bank assets to reach EGP 15bn after the approval it received from…
CBE halts Egyptian automotive market
Most companies working in the automotive sector confirmed fears that if the…
CBE cuts margin to trade US dollar with local lenders
Step seen to further throttle waning black market
Industrial sector in ‘state of crisis’, solutions for energy problem, regaining confidence of international markets is necessary: Alaa Arafa
Alaa Arafa, chairman of Egypt’s largest textile and clothing manufacturer and…
Orders from Emir of Kuwait to immediately deposit $2bn at CBE: Kuwaiti Finance Minister
Kuwaiti Minister of Finance Anas Khalid Al-Saleh said that he received orders…