BOJ Keeps Stimulus in Place, Downgrades Exports in Warning Sign
The Bank of Japan maintained its massive monetary stimulus on Tuesday on the view that growth in the economy and…
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No Policy Shift from ECB Despite Low Inflation
The European Central Bank left interest rates on hold and unveiled no other measures to bolster a fragile euro…
Blom Bank Egypt: Net Profits up 66.6% by 2013-end
Blom Bank Egypt S.A.E. announced on Thursday a 66.6% rise (or EGP 54.2 million) in its net profit to EGP 135.6…
BREAKING: Egypt Foreign Reserves up to $17.307 billion in February
Egypt’s foreign reserves rose by US$203 million to US$17.307 billion in February from US$17.104 billion in January,…
CBE Requests EGP60 billion from Bank in Deposit Operations Auction
Egypt’s Central Bank (CBE) is requesting on Tuesday 60 billion Egyptian pounds of domestic surplus liquidity from…
Egypt’s Foreign Debt Hits $46 billion: Central Bank Governor
Egypt's foreign debt currently stands at US$46 billion, Central Bank Governor Hisham Ramez said on Monday. The debt…
CBE: Egypt Mulls Establishing Sovereign Fund to Revamp Public Sector
Egypt is considering to found a Cabinet-run sovereign wealth fund, seeking to revamp the country’s public sector,…
M2 Money Supply Grows 16.7 pct y/y at End-Jan –Egypt’s Central Bank
Egypt's M2 money supply climbed 16.7 percent in the year to the end of January, the central bank said on…
Egypt Central Bank Keeps Key Interest Rates on Hold
Egypt's central bank left official interest rates on hold on Thursday, as it tries to stimulate…
EGB Gets Egypt Bourse’s Approval Going on Capital Raise
The securities listing committee of the Egyptian Exchange (EGX) approved on Thursday the Egyptian Gulf Bank (EGB)’s…