Federation of Egyptian Banks to meet Sunday in presence of CBE governor
The meeting is planned to discuss the most significant issues in the…
Pound’s flotation on the table since December 2015 as part of an integrated economic reform programme: CBE governor
Amer reveals preparations behind 3 November decisions, saying they were supported by…
$1.2bn secured for importing food commodities for 6 months: CBE
Tarek Amer held a press conference on Thursday to disclose the details…
Egypt obtains pledges worth $16.3bn for financing economic reforms during FY 2016/2017
Tarek Amer said that those countries include seven leading industrial countries and…
President Al-Sisi meets with CBE’s Governor
Amer said during the meeting that the initial agreement reached between Egypt…
IMF loan is last option for Egypt to escape economic crises: experts
IMF-leveraged deal is mandatory; a refusal would lead to losing loan sources,…
Keeping things as they are is impossible: CBE governor
There is no intention to float the pound for now; Amer did…
EGP devaluation: did the market misunderstand Amer or was confusion intended?
Amer had ruled out devaluation of the Egyptian pound before exchange reserves…
The government asks for money, simply because it can: economics professor
Poor financial planning, using loans in the wrong projects are the largest…
CBE governor claims report on IMF loan was incorrect
Reuters reported on Monday that Egypt is negotiating a loan worth $5bn;…