Tag: The Central Bank of Egypt

CBE revises mechanism of US dollar allocation

The CBE allocated $120m to banks on Tuesday to finance the import…

Hossam Mounir Hossam Mounir

CBE grants banks $104.5m to cover multinational companies’ demands to import medicine, food

Foreign exchange reserves register sixth consecutive monthly increase in March

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CBE has no right to reduce CEOs’ tenures under banking law: legal adviser

CBE Governor Tarek Amer surprised the banking sector by issuing a decree…

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Programme to transfer profits of foreign companies operating in Egypt abroad promotes confidence in economy

CBE coordinates with international institutions to export share of production, experts demand…

Mohamed Ayyad Mohamed Ayyad

CBE, international institutions begin assessing AAIB, Banque du Caire in preparation for IPO

Timing, price, and promotion are important factors for a successful launch on…

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Are CBE’s initiatives enough to develop SMEs?

Daily News Egypt speaks to experts on how to support and develop…

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CBE considers launching initiative to support micro-enterprises

Intensive meetings held with ministries, authorities responsible for financing micro-enterprises to finalise…

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Bankers expect interest rates on savings instruments in pounds to rise

The Monetary Policy Committee of the CBE decided to raise deposit and…

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CBE removes caps on foreign currency deposits, withdrawals for individuals

The central bank has issued new regulations to fund acquisitions

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CBE sells banks $500m to insure strategic imports of food commodities and medicine

The CBE conducted the sale at an exchange rate of EGP 7.73…

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