Tag: Central Bank of Egypt

CBE to inject $1bn after new governor officially takes office

Last week CBE issued $1bn as part of bank’s plan to flood…

Menna Samir Menna Samir

Ghabbour calls to decrease EGP value, prioritise industrial sector

Amer should treat exchange companies as partners, says Ghabbour

Doaa Farid Doaa Farid

Presidential decree reshuffles CBE board

Gamal Negm, Lobna Helal appointed as Deputy Governors

Hossam Mounir Hossam Mounir

Foreign investors: Between liquefying stock portfolios and awaiting ‘Amer’s manoeuvre’

Initial results indicate that foreigners are intensifying sales to make a profit…

Daily News Egypt Daily News Egypt

Tarek Amer holds consultations to form CBE’s board

The head of a public bank is expected to serve as a…

Hossam Mounir Hossam Mounir

Amer’s most prominent challenge is employing liquidity in local currency at banks

Banks offered to invest EGP 252bn in CBE deposits for one day…

Hossam Mounir Hossam Mounir

CBE will discuss future of interest rate on EGP

According to analysts, MPC is highly expected to keep the major interest…

Hossam Mounir Hossam Mounir

Forex suspended in anticipation of new CBE governor’s decisions

Black market records EGP 8.30 for dollar, while banks maintain it at…

Hossam Mounir Hossam Mounir

Trade balance deficit increases by 38.8% YoY in July: CAPMAS

Egypt's trade balance continues to face a deficit, despite the state announcements…

Menna Samir Menna Samir

Credit cards increase to 2.575 million by end of June: CBE

16.242m debit cards issued by banks operating in Egyptian market until mid-2015…

Hossam Mounir Hossam Mounir