CBE Offers Industrial Development Bank EGP 1 Bln Loan To Bridge Provisions Gap
The Industrial Development and Workers Bank of Egypt received a loan worth EGP 1 billion from the Central Bank of…
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CBE
Egypt’s Foreign Reserves Fell On Paying Debts To Paris Club Member Countries
Egypt’s foreign reserves fell to US$ 13.6 billion last January after paying the half-yearly installment of US$ 700…
CBE Offers US$ 50 Mln To Local Banks At 3rd FX Auction Under Ramez’s Leadership
The Central Bank of Egypt (CBE) has offered US$ 50 million to local banks in its 19th FX auction and the third one…
Local Liquidity Hit EGP 1.147 Trillion End-Nov. 2012: CBE
The Egyptian banking sector’s local liquidity rose by EGP 1.147 trillion at the end of last November, compared with…
Banks’ Investments In T-Bills Rose EGP 11 Bln End-Nov. 2012: CBE
The Egyptian banking sector’s investments in T-bills rose 4.5% (EGP 11.01 billion), registering EGP 254.1 billion…
EGX 30 Ends Wednesday’s Session Below 5700 Pts On Foreign Sellers
The Egyptian Exchange (EGX) has ended Wednesday’s session posting losses of EGP 3.57 billion driven by foreign…
Dollar Ups To EGP 6.74 On Central Bank’s 18th FX Auction
As Egypt’s Central Bank has offered its 18th FX auction and the second since the new governor hold office, the…
CBE Offers US$ 50 Mln To Local Banks At 18th FX Auction
The Central Bank of Egypt (CBE) has offered US$ 50 million to local banks in its 18th FX auction so as to address…
Hisham Ramez Calls For Lifting Ban On Traveling With $10,000 To Egypt
The newly-appointed Governor of the Central Bank of Egypt (CBE) Hisham Ramez stated that the economy’s problem is…
Egypt’s Foreign Reserves Enough For 3 Months Of Imports: Minister
Egypt's net foreign reserves are currently enough to cover only three months of the country's imports, Ashraf…