CBE, banks face 6 major challenges in upcoming period
Challenges include adjusting foreign exchange market, rebuilding reserves, and controlling inflation, say…
Salman affirms CBE’s independence
Following controversial statements on Egyptian pound depreciation, investment minister Salman attempted to…
Dcode studiesEFC: Why is the Suez Canal important to the Egyptian economy?
Dcode Economic and Financial Consultancy has conducted a study to examine the…
Egypt implements first office in UAE to revitalise tourism
New office will cooperate with airlines flying into Egypt to create direct…
Banks acquire 78.4% of total issued treasury bills until end of last April: CBE
EGP 402.3bn volume of banks’ investments in the governmental securities out of…
Egypt’s debts to Paris Club decrease 18%
Egypt repaid $670m to Paris Club in July, another payment of same…
CBE stabilises dollar price after 2 increases
Dollar will increase again, and the stable price is temporary, analysts say
EGP 12.246bn increase in banks’ deposits, EGP 16.8bn in loans last April: CBE
The CBE added that the household sector acquired EGP 75.9bn out of…
Dollar exchange rate expected to exceed EGP 7.8 this week
CBE sold $40m of periodic dollar bid, with average dollar exchange rate…
CBE raises dollar price by 10 piasters at official auction
The Central Bank of Egypt (CBE) allowed the Egyptian pound to deteriorate…