CBE removes limits on foreign currency deposits and withdrawals for companies importing goods and basic products
CBE’s new decision was put into practice on Wednesday 9 March
CBE removes caps on foreign currency deposits, withdrawals for individuals
The central bank has issued new regulations to fund acquisitions
CBE decides to raise maximum foreign currency deposit cap to $250,000 monthly
Decision applies only to companies to facilitate import operations of main and…
Trade balance deficit increases by 38.8% YoY in July: CAPMAS
Egypt's trade balance continues to face a deficit, despite the state announcements…
CBE orders banks to accept cash deposits in foreign currency: Industry minister
Accepting cash deposits is a step to restore growth rates in Egyptian…
Mobinil plans to increase capital next year: CEO
In an interview with Daily News Egypt, Mobinil CEO Yves Gauthier discussed…
Mobinil plans to increase capital next year: CEO
TE has monopoly on Egypt’s internet market where they can fix the…
Egyptian foreign reserves down more than $1.5bn, at $18.5bn
Government has to pay $250m in September as dues of bonds issued…
Concern over European warnings against travel to Egypt: Investors
Income from tourism sector, Suez Canal are important for Egypt’s economy to…
CBE raises dollar price by 10 piasters at official auction
The Central Bank of Egypt (CBE) allowed the Egyptian pound to deteriorate…
