CIB appoints Hisham Ramez as managing director
Commercial International Bank (CIB), Egypt's largest listed company, said on Sunday it had appointed former…
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CBE
CBE amends the mortgage finance initiative keeping in mind low-income earners
Central Bank of Egypt (CBE) amended the mortgage finance initiative, which was issued in February 2014 to finance…
Egypt targets new 656,000 affordable homes in 2 1/2 years
Egypt's government is aiming to finish building 656,000 socially affordable housing units over the coming two and…
CBE to consider floating pound when foreign reserves hit $30bn
The Central Bank of Egypt (CBE) will consider floating the local currency when foreign reserves hit between $25bn…
CBE Deputy Governor explains dollar cap increase to reguators
Deputy Governor of the Central Bank of Egypt (CBE) Gamal Negm met with officers from banking operations and…
Egypt’s annual core inflation surges to 7.73% in January
Egypt's annual core inflation increased to 7.73 percent in January from 7.23 percent in December, the Central Bank…
Egypt’s foreign reserves slightly rise in January for fourth month in row
Egypt’s foreign currency reserves inched up in January for the fourth consecutive month, to reach $16.477 billion…
Dollar loses 10-12 piasters in Egypt’s black market
Exchange firms pledged to support the Central Bank of Egypt (CBE) in its efforts to restore order in exchange…
Moody’s lauds Egypt’s new measures to limit consumer loans
The international credit agency Moody's said Monday that the Central Bank of Egypt's (CBE) recent measures – which…
Moody’s: Egypt’s higher SME lending quota supports economy but endangers banks’…
The Central Bank of Egypt (CBE) instructed on January 11th Egyptian banks to raise their lending to small and…
