Tag: The Central Bank of Egypt

CBE decides to defer tourism sector debts to banks for 3 years

CBE will create unit to contribute to restructure the debts of tourism…

Hossam Mounir Hossam Mounir

CBE sets new change on import controls

It will exclude all goods imported by air freight, software programmes, applications,…

Hossam Mounir Hossam Mounir

CBE announces EGP 5bn loan programme for industry, manufacturing

The loans will be allocated for the purchase of machines and equipment…

Hossam Mounir Hossam Mounir

CBE to consider floating pound when foreign reserves hit $30bn

Actual value of imports amounts to approximately $90bn, in addition to smuggled…

Hossam Mounir Hossam Mounir

CBE bans foreign currency transactions at local points of sale

According to the CBE, this decision came in light of the discount…

Hossam Mounir Hossam Mounir

Ministries of investment, finance meet with CBE to discuss activation of secondary bond market

Investment Ministry and EFSA form joint committee to reduce fees for listing…

Mostafa Fahmy Mostafa Fahmy

$90m increase in value of gold listed in forex reserves in January: CBE

The central bank awaits the Chinese loan and the first portion of…

Hossam Mounir Hossam Mounir

5% expected growth in computer sales after exemption from import regulations

This decision will help companies boost their sales, particularly after they faced…

Daily News Egypt Daily News Egypt

CBE provides $400m to import fuel in Q1 of 2016

EGPC resorts to petroleum contracts with payment facilities to resolve dollar crisis,…

Mohamed Adel Mohamed Adel

CBE restructures investing money in banks

Shrinking bank investment in investment funds, lowering maximum level of loans’ amounts…

Hossam Mounir Hossam Mounir