Egypt C.Bank to Offer US$40 Mln at Today FX Auction
The Central Bank of Egypt (CBE) will be offering today US$ 40 million to the local banks at its 77th foreign…
Browsing Tag
business
Turmoil Likely To Mean Egypt Will Miss Crucial $4.8b Loan From IMF
Egypt's descent into even deeper political turmoil will almost certainly put a multibillion-dollar international…
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…
KSA To Lend $500 Million To Egypt
According to an official at the Ministry of Planning and International Cooperation, Saudi Arabia has approved to…
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…
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…
Uncertain Future Economic Problems in Egypt
Politically, Egypt has embarked on a new path. Economically, little is likely to change; the country's problems are…
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…