$26m increase in CBE’s foreign exchange reserves in June
The value of gold included in the reserves increased to $2.602bn in…
Balance of Payments registers $2.6bn increase in deficit over 9 months of FY 2015/16: CBE
The CBE said in a statement on its website on Sunday that…
CBE to reveal its foreign exchange reserves this week
Debt repayment to Qatar and Paris Club countries is likely to impact…
Government borrows more than EGP 1.1tn through treasury bills and bonds in FY 2015/16
Ministry of Finance reveals its intention to borrow EGP 317.5bn from banks…
Banks ignore CBE’s interest rate increase
CBE will not keep current rates and may be reversed in three…
CBE governor claims report on IMF loan was incorrect
Reuters reported on Monday that Egypt is negotiating a loan worth $5bn;…
Court suspends CBE’s decision to limit tenure of bank heads to 9 years
Tarek Amer, the CBE’s governor, issued a decision at the end of…
Banks keep ignoring CBE’s interest increase
Limited changes seen at NBE, Banque Misr, Banque Du Caire, and IDBE,…
ETTA extends deadline for banks’ complaints to Tuesday
Tourism income dropped to $6.1billion in 2015, compared to $7.3bn during 2014
Bond yields for 5-year term jump by 0.82%
Ministry of Finance cancels 10-year term bonds initially planned to be issued…