CBE: Kuwaiti Deposit Adds $2 bln to Egypt’s Foreign Reserves
Governor of the Central Bank of Egypt (CBE) Hesham Ramez has confirmed on Tuesday that the bank has received the…
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CBE Offers Egypt Banks $40 mln at FX Auction Today
The Central Bank of Egypt (CBE) has offered today its second foreign exchange auction for this week totaled US$ 40…
Banque Misr Affirms Expansion Plans in Turkey Despite Political Discord
Despite some recent political deteriorations in Egypt-Turkey relations, Banque Misr is still determined towards its…
Kuwait Set to Deposit $2 bln Aid to Egypt Today – Official
Hisham Ramez, governor of the Central Bank of Egypt (CBE) said the $2 billion aid, promised to Egypt by Kuwait as…
National Bank of Oman Notifies Central Bank of Egyptian Market Exit Plans
Hisham Ramez, Governor of Central Bank of Egypt (CBE), asserted on Thursday that the CBE safeguards the rights of…
Egypt Returns US$2 bln to Qatar As Talks to Securitise Failed
Egypt has returned to Qatar $2 billion that the Gulf state had deposited with Egypt's central bank (CBE), after…
U.S. Stock Futures Rise, Signaling Fresh S&P 500 Record
U.S. stock-index futures rose, indicating the Standard & Poor’s 500 Index will extend its all-time high, after…
Bernanke Resets Policy by Doing Nothing as Markets Soar
Ben S. Bernanke reinforced his standing as the most activist Federal Reserve chairman in history by doing the…
Morgan Stanley CEO Says He Invests in Muni Bonds, Biotech
Morgan Stanley (MS) Chief Executive Officer James Gorman said his personal investments include municipal bonds…
Talaat Moustafa Affirms Talks With 3 Banks Over EGP 1.8 Bln Loan
Egyptian property developer Talaat Moustafa Holding (TMG) (TMGH.CA) affirmed on Wednesday its ongoing talks with 3…