Tag: Central Bank of Egypt

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

Tarek Amer holds consultations to form CBE’s board

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

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

CBE will discuss future of interest rate on EGP

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

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

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

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

Will Amer change Ramez’s monetary policy and exchange market management?

Analysts expect the new governor to amend some of Ramez's decisions

Daily News Egypt

Tarek Amer, new guardian of the Egyptian pound

Expectations of a decline in dollar price on parallel market after departure…

Hossam Mounir

More than EGP 39bn increase in volume of deposits in July: CBE

Banks support their allocations to meet doubtful loans and reduce its investments…

Hossam Mounir