CBE Financed Egypt’s Main Needs With US$ 35 Bln In Two Years
The Central Bank of Egypt (CBE) revealed that it financed the country’s main needs during the period from January…
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CBE
Egypt’s President Says Economy Grew 2.6% In July-Sept
Egypt's economy, buffeted by political and economic strife, grew by an annual 2.6 percent in the third quarter of…
US Dollar Hikes EGP 0.4 In Week, Differing Views On CBE’s Intervention
A number of exchange market experts asserted that the U.S. dollar has recorded an increase in a week ranging…
U.S. Dollar Hikes To Ten-Year High Against Egyptian Pound
The U.S. Dollar is trading on Thursday at the highest levels against the Egyptian Pound in almost 10 years. The…
Egypt To Raise Bond Sale Goal 60% As Unrest Delays IMF
Egypt plans to sell about 60 percent more government bonds next quarter after political unrest prompted authorities…
Hisham Ramez Rejects CBE’s Governor Post
Hisham Ramez, vice chairman of Commercial International Bank (CIB), has turned down an offer to be Governor of the…
Egypt Central Bank Says Taking All Steps To Safeguard Bank Deposits
Egypt's central bank, responding to what it said were market rumors, said on Monday that it was taking all steps…
Farouk El-Okdah To Leave CBE Upon Approval Of New Constitution
A number of bankers affirmed that Dr. Farouk El-Okdah, Governor of Central Bank of Egypt (CBE), will leave his…
Get To Know Egypt’s Potential CBE Governor; Hisham Ramez
On December 22nd, the Egyptian president Mohamed Morsi has met with CIB's Managing Director Hisham Ramez. News were…
Farouk El-Okdah Denies Resigning From CBE
The Governor of the Central Bank of Egypt (CBE) Farouk El-Okdah denied what was published that he resigned…