Tag: Central Bank of Egypt

Banks must comply with new controls for foreign exchange deposits: CBE

CBE said in a statement on Monday that it had monitored some…

Hossam Mounir Hossam Mounir

CBE has not received new deposits from Saudi Arabia’s MOU with Egypt as of Saturday: CBE deputy governor

Quality of performance is a requirement for extending working period, says Negm

Hossam Mounir Hossam Mounir

Sawiris and Tarek Amer fight: flashback to previous battles with the state?

Businessman Naguib Sawiris insists that Tarek Amer used his position to prevent…

Doaa Farid Doaa Farid

CBE closes 5 exchange companies for committing violations: deputy governor

Negm said the closure of money exchange companies and revoking their licenses…

Hossam Mounir Hossam Mounir

Pardon me CBE, it is none of your business

I was surprised and very distressed after reading about the resolution issued…

Hany Aboul Fotouh Hany Aboul Fotouh

Dollar deposits jump 2130% following pound devaluation: Amer

Depreciating the pound is a corrective measure in response to currency market…

Mohamed Ayyad Mohamed Ayyad

Economists deem plan to attract $30bn in FDI by 2030 a ‘difficult venture’

Serious institutional, administrative, and legislative reform required to raise foreign investment, entrance…

Mohamed Ayyad Mohamed Ayyad

CBE provides banks with $104.5m, sets US dollar price at EGP 8.78

On Tuesday, the official dollar price in banks was EGP 8.83 for…

Hossam Mounir Hossam Mounir

Fitch forecasts dollar to reach EGP 9 before year-end

Egypt could reach an IMF agreement if required by authorities, Fitch says

Daily News Egypt Daily News Egypt

Metropolitan Consulting supports CBE’s initiative for financing SMEs

Nagaty said the company’s goal behind this step is to contribute to…

Hossam Mounir Hossam Mounir