CBE launches its regular auction with $120m, fixes US dollar at EGP 8.78
The Central Bank of Egypt (CBE) launched Tuesday its regular weekly auction…
House of Representatives summons government to clarify ‘confused’ economic policy
We expect a significant decline in all economic indicators during the first…
Stability of monetary policy, simplified government measures attract investment: Infinix
Infinix Corporation, specialised in manufacturing smartphones, is working to develop after-sales services…
CBE fixes pound’s price against US dollar on Tuesday, market still awaiting devaluation
Possibility of launching exceptional auction completed ruled out for now, as the…
Government to include capital gains tax in economic reform programme: Chris Jarvis
The IMF mission chief to Egypt spoke at the IMF and World…
CBE concludes week without changing pound’s price, contrary to market expectations
Market expectations inclined towards floating the exchange rate or reducing the value…
Contrary to market expectations, CBE fixes US dollar price in its regular auction
The bank directed the auctioned US dollar to cover imports of pharmaceutical…
Local market holds breath in anticipation of large devaluation of Egyptian pound
CBE may either offer exceptional US dollar tender or direct banks to…
Fully fledged float of the Egyptian pound imminent: Beltone Financial
The state may have implied that a currency liberalisation and peg to…
