Tag: Central Bank of Egypt

Balance of payments runs $1.9bn surplus during Q1 of current FY: CBE

The CBE explained in a statement on Thursday that capital and financial…

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CBE dismisses rumours of Tarek Amer’s resignation

Amer will willingly complete his four-year constitutional term

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Finance Minister signs cooperation protocol with CBE

An electronic system for financial transactions will help implement the ministry's plans,…

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Uncertainty clouds future of interest rate on Egyptian pound

The Monetary Policy Committee will hold its last meeting in 2016 on…

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CBE’s new mobile banking regulation will create new business opportunities for Egyptian banks: Moody’s

There are significant growth opportunities for mobile banking in Egypt

Mohamed Samir Mohamed Samir

US dollar prices at banks vary considerably on Wednesday, official price drops by EGP 0.06

The dollar value is expected to drop as companies finalise their budgets

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Banks finance foreign trade operations worth $7.9bn since flotation until 14 December: CBE

This sum includes the repayment of letters of credit and documents of…

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US dollar surpasses EGP 19 at CBE to hit highest rates since flotation

The US dollar price at the Central Bank of Egypt (CBE) and…

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Lack of investment opportunities straining Egyptian banks

The liquidity of the pound has increased by EGP 64bn since the…

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