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Egypt’s Central Bank Offers US$ 40 Mln At Monday’s FX Auction
The Central Bank of Egypt (CBE) offers US$ 40 million on Monday to local banks at its 52nd FX auction and the 36th…
Finance Ministry Seeks Technical Support For Sukuk From CitiBank
The Egyptian Ministry of Finance will meet on Tuesday officials from CitiBank for the fourth time to discuss…
Four Banks Raise Interest Rate On White Taxi Loans To 13.5%
The National Bank of Egypt (NBE), Banque Misr, Alex Bank Intesa Sanpaolo and Nasser Social Bank have raised…
Egyptian Dollar CDs Attract US$ 194 Mln In A Year
The Egyptian dollar-denominated certificate of deposit launched by the National Bank of Egypt (NBE) on behalf of…
Finance Ministry Sells 91-, 266-Day T-Bills Worth EGP 6 Bln On Sunday
The Egyptian Ministry of Finance sold 91- and 266-day treasury bills worth EGP 6 billion. The Ministry raised EGP 3…
Egyptian Dollar CDs Selling Period Extended For Six More Months
The Egyptian Ministry of Finance has extended the period of selling Egyptian dollar-denominated certificate of…
Egyptian Banks Won’t Go Through Cyprus Banking Experience; CBE Governor Affirms
The Egyptian banking sector is one of the strongest sectors in the country as it successfully overcame the latest…
Egypt Seeks US$ 2.5 Bln Qatari Deposit At 4.25% Interest Rate: Ramez
The interest rate on the US$ 2.5 billion 18-month Qatari deposit that will be injected to the Central Bank of Egypt…
Arab Aids Support Economy In Short Term, IMF Loan A Must: CBE Governor
Despite securing loans and deposits from a number of Arab countries, getting the US$ 4.8 billion loan from the…
Egypt’s High Foreign Debt Not Worrisome, Danger In Local Borrowing: Ramez
The Governor of the Central Bank of Egypt (CBE) Hisham Ramez affirmed that the increase in the value of Egypt’s…
