CBE launches a new mechanism to avoid FX reserves depletion
The Central Bank reaffirmed its commitment to pay the instalments and interest…
CBE governor denies resignation
The governor of the Central Bank of Egypt (CBE) Farouk Al-Oqda denied…
SCAF-instated CBE law modifications to be confirmed by Morsy
President Morsy will issue a declaration in a few days to amend…
CBE exempts four banks from applying Basel 2 Standards
Banque Misr and the Principal Bank for Development and Agricultural Credit ,…
Electronic signature technology to be applied November
The banks as well as the stock market are ready to implement…
Monescope Egypt: Domestic liquidity grows 8.9% in August
Monescope Egypt, a monthly tracker of monetary developments attached to Belton Financial,…
For the seventh time: CBE fixes interest rates on deposits and loans
In its meeting Thursday, the monetary policy committee in the Central Bank…
Egypt to receive first instalment of Turkey’s pledged $2bn loan
The Turkish loan to Egypt has triggered a political crisis in Turkey.