Tag: Central Bank of Egypt

CBE decreases issuance of weekly FX auctions

The step was taken to increase the supply of the US dollar…

Menna Samir

EFSA preparing  1st real estate financing federation elections

The Egyptian Financial Supervisory Authority (EFSA) is participating in the “Mortgage Development…

Daily News Egypt

EGP 1.6tn deposits in banks: NBE chairman

Eastern Mediterranean countries experiencing revolutions, war and bombings losses amounted to $250bn,…

Shaimaa Al-Aees

$6bn in Gulf deposits temporarily eases Egypt’s economic burdens

Analysts say GCC deposits beef-up foreign reserves and boost local currency

Dahlia Kholaif

Egypt yet to receive Arab deposits: CBE governor

Hisham Ramez’s comments to Reuters come in wake of reports alleging receipt…

Daily News Egypt

Banks need to meet SMEs needs: CBE Deputy Governor

Financial innovation by introducing new financial instruments that meet consumers 'and investors'…

Doaa Farid

Egypt’s farmland offers minimal incentives to Arab investors

The situation is not any better with regards to Western investors' interest…

Dahlia Kholaif

Banque Misr registers highest net profit in its history

Bank assets to reach EGP 15bn after the approval it received from…

Sara Aggour

CBE halts Egyptian automotive market

Most companies working in the automotive sector confirmed fears that if the…

Daily News Egypt

CBE cuts margin to trade US dollar with local lenders

Step seen to further throttle waning black market

Dahlia Kholaif