Egypt Seeks Gulf Cash As Coalition Cracks And Opponents Rally
Egypt’s central bank governor flew to Abu Dhabi on Sunday to drum up badly needed financial support as cracks…
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Central Bank Of Egypt Denies Freezing Brotherhood Assets
The Central Bank of Egypt (CBE) has denied reports about freezing assets of Muslim Brotherhood leaders. "No…
Egypt Forex Reserves Affected By Imports, Gold Prices
The first drop in Egypt's foreign currency reserves in two months can be attributed to an exceptional forex auction…
Egypt’s Central Bank Governor Flies to Abu Dhabi
The governor of Egypt's central bank, Hisham Ramez, flew to Abu Dhabi on Sunday, officials at Cairo airport said,…
Fear of Renewed Clashes; Egypt Banks to Close at 1:00 PM
Number of mangers of banks branches in Egypt said the banking sector will continue to halt their activities by 1:00…
Brazil, Egypt, Turkey Unrest A Wake Up Call -World Bank
Massive protests in Brazil, Egypt and Turkey should jolt governments across the globe into ensuring they are…
Banks Lower Interest Rates 1% on Treasury Bills
Egyptian banks lowered their interest rates on bids for treasury bonds by 1% on Thursday, according to a press…
Swiss Banks Can Reveal Client Data to US Tax Authorities
Switzerland's highest court ruled Friday that Credit Suisse could reveal data on suspected tax dodgers to US…
UAE’s CB Announces Liquidation of BCCI (SA) Branches in UAE
The Central Bank of UAE on Thursday formally announced the liquidation of BCCI (SA) branches in the country. Sultan…
Egypt’s Banking Sector Amid A Revolution
Federation of Egyptian Banks chairman Hisham Ezz Al-Arab talked went over the difficulties that Egypt's economy is…