Tag: Central Bank of Egypt

CBE agrees to cover 50% of foreigners’ money upheld in Egyptian market since 2013

There has been a crisis in upholding foreign traders’ money in the…

Daily News Egypt

Cash reserves fall by $1bn in May: CBE

Government works to attract investments of between $6bn-$8bn by the end of…

CBE controls importers’ manipulations

Banks activate automated “Model 4” to determine real importing demands

Daily News Egypt

Initiative to postpone payment of tourism dues to end of this year

Losses of tourist activity nears $10bn over the past four years, using…

ABK acquires Piraeus-Egypt for $150m

Al Ahli Bank of Kuwait acquires 98.5% of Piraeus Bank - Egypt…

Shaimaa Al-Aees

Dollar exchange rate forces increased automotive prices

Sector workers cannot keep up with increase in taxes and customs

Daily News Egypt

Egypt targets $6bn-$8bn FDIs for FY 2014/2015: Salman

Stock exchange tax must be stopped to deepen the market, executive regulation…

Mohamed Ayyad

Central Bank of Egypt leans on currency devaluation

By Oxford Business Group A series of moves by the Central Bank…

Daily News Egypt

CBE, EFSA cooperate for financial education programme

The proportion of Egyptians dealing with banks is 10%, says EBI executive…

Shaimaa Al-Aees

World Bank to present mortgage system plans in Egypt

Bank participates in social housing programme providing $500m towards 1m housing units…

Shaimaa Al-Aees