Tag: Central Bank of Egypt

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

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