Banks Hisham Ramez Calls For Lifting Ban On Traveling With $10,000 To Egypt Administrator Feb 6, 2013 0 The newly-appointed Governor of the Central Bank of Egypt (CBE) Hisham Ramez stated that the economy’s problem is…
Banks Egypt’s Foreign Reserves Enough For 3 Months Of Imports: Minister Amwal Al Ghad English Feb 6, 2013 0 Egypt's net foreign reserves are currently enough to cover only three months of the country's imports, Ashraf…
Banks CBE Conducts 18th FX Auction On Wednesday Administrator Feb 5, 2013 0 The Central Bank of Egypt (CBE) has decided to conduct its 18th FX auction and the second one since the appointment…
Banks Egypt’s Foreign Reserves Fell To US$ 13.6 Bln, Registering Record Since 1990s Administrator Feb 5, 2013 0 Egypt’s foreign reserves retreated to US$ 13.613 billion at the end of last January, compared with US$ 15.014…
forex news Dollar Falls To EGP6.73 Amid Expectations To Replace FX Auctions Mechanism: NBE Yomna Yasser Feb 4, 2013 0 As Hisham Ramez has officially become the new Governor of Egyptian Central Bank, the U.S. dollar has dropped…
Banks Egypt’s Central Bank Agrees To Sell Both BNP Paribas And NSGB Yomna Yasser Feb 4, 2013 0 An official involved in the BNP Paribas deal stated that the CBE had agreed in a meeting with its Board of…
Banks CBE Delays 17th FX Auction Once Again After Hisham Ramez’s Appointment Administrator Feb 4, 2013 0 The Central Bank of Egypt (CBE) has delayed its 17th FX auction on Monday for the second consecutive time, on the…
Banks Egypt Offers 5-, 7- Year T-Bonds Worth 2 Bln On Monday Administrator Feb 4, 2013 0 The Egyptian Ministry of Finance offers 5- and 7- year T-bonds each worth EGP 1 billion on Monday. The Ministry…
Banks CBE: Banks’ Net Profits Hit EGP 14 Bln In 2012 Administrator Feb 3, 2013 0 The Central Bank of Egypt (CBE) stated that banks’ net profits surged 600% to reach EGP 14 billion at the end of…
Banks Egypt Sells 91-, 266-Day T-Bills Worth EGP 4.5 Bln Administrator Feb 3, 2013 0 The Egyptian Ministry of Finance sold on Sunday 91- and 266-day T-bills worth EGP 4.5 billion. The Ministry offered…