Egypt Black Market Receives Crushing Blow As Dollar Falls To EGP 7.30
The US dollar’s exchange rate has fell against the Egyptian pound in black market to EGP 7.30 on Sunday. Mohamed…
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CBE
Egypt Central Bank Receives Libya’s US$2 Bln Loan: Sources
The Libyan government has already injected US$ 2 billion in the Egypt’s Central Bank (CBE) by the end of last week…
Egypt’s External Debt Rose 11.8% In Q2 2012/13: CBE
Egypt's external debt rose by 11.8 percent in the second quarter of the 2012/13 fiscal year, recording $38.8…
New Committee Formed To Adopt FATCA, includes Egypt Central Bank, FSA
Gamal Negm, Deputy Governor of the Central Bank of Egypt (CBE), announced the formation of a new committee –…
Egypt Central Offers Banks US$40 Mln At FX Auction
The Central Bank of Egypt (CBE) has offered its last offering for this week US$ 40 million to local banks on…
Egypt Offers Banks US$40 Million At FX Auction
The Central Bank of Egypt (CBE) has offered US$ 40 million to local banks on Wednesday at its 48th FX Auction and…
US Dollar Falls To EGP 7.30 In Black Market
During the morning trading, the US dollar’s exchange rate has steadied against the Egyptian pound at EGP 6.88 for…
CBE Asks For EGP 18 Bln At Deposit Auction
The Central Bank of Egypt (CBE) offered to take EGP 18 billion (US$ 2.61 billion) worth of seven-day deposits at a…
CBE Suspends Granting New Islamic Banking Licenses In 2013
The Central Bank of Egypt (CBE) will not grant Islamic banking licenses in the meantime amid the low growth rates…
CBE Receives No Official Offers For Acquisition Of Banks
The Central Bank of Egypt (CBE) has not received any official offers for acquiring any bank in Egypt including…