Stock market expected to decline due to increase in interest rates
Stock exchange to face short wave of profits as a result of…
Egypt suffers under weight of excessive importing: Deputy CBE Governor
We spent $76bn on imports last year, of which $16bn did not…
CBE pumped $8.3bn to cover imports between 29 October and 12 December: Amer
The Central Bank of Egypt (CBE) has pumped $8.3bn between 29 October…
Local, international institutions offer to invest $1.5bn in Egyptian treasury bills
The CBE accepted $1.1637bn of this liquidity
Annual inflation rises to 11.8% YoY in November
Figure compares to 8.5% registered in the same period the preceding year
External debt drops $2bn over 3 months
Rate of increase in bank loans outstrips deposits for first time ever
Banks adopt strict measures to issue new letters of credit
The CBE evaluates the banks' cooperation in providing the foreign currency through…
Amer seeks banks’ support to overcome dollar shortages
Official letter calls for banks to maximise foreign exchange, working with foreign…
CBE issues exceptional offer to pump dollars in banks to meet import needs
Tarek Amer met with President Abdel Fattah Al-Sisi Wednesday to present his…
Amer heads new CBE board meeting Sunday
Market awaits Amer's new decisions on exchange rate, dollar deposit caps, and…