Banks AfDB, Egypt sign two grants and loan worth $2.25mn and €50.2mn Yomna Yasser Nov 16, 2015 0 Egypt and the African Development Bank (AfDB) signed Sunday two grants and a loan worth US$2.25 million and €50.2…
Banks Banque Misr funds promotional programme for Egypt’s tourism Noha Gad Nov 14, 2015 0 Banque Misr (BM) -Egypt's second largest public sector bank- adopted the initiative of the Egyptian Central Bank…
Banks Egypt Strengthens Currency Amid Disruptive Dollar Shortage Amwal Al Ghad English Nov 12, 2015 0 Egypt's central bank strengthened the pound on Wednesday for the first time since 2013, injecting dollars into a…
forex news Egyptian currency surprisingly up by 0.20 pounds against dollar Yomna Yasser Nov 11, 2015 0 Egypt's central bank boosted the currency by 0.20 pounds to record 7.7301 to the dollar Wednesday, bankers said.…
Banks CBE To Convert $4bln Worth Of Dues On Importers To Local Currency Amwal Al Ghad English Nov 10, 2015 0 The Central Bank of Egypt (CBE) is moving to convert debts owed by importers in dollars to debts to be repaid in…
Banks Central Bank of Egypt records $3bn in net profits at end-June Yomna Yasser Nov 1, 2015 0 Egypt’s central bank (CBE) said net profit grew 0.2 percent to 23.866 billion Egyptian pounds (US$3 billion) in the…
Banks Economists Divided On CBE’s Next Interest Rate Decision Amwal Al Ghad English Oct 29, 2015 0 Economists in Egypt are divided over the direction the Central Bank of Egypt (CBE) will move its key policy…
Egypt News Egypt’s Economic Woes Persist Beyond Monetary Measures Amwal Al Ghad English Oct 29, 2015 0 As Egypt changes its monetary policy leader, the country’s economic woes persist at a time when the global economy…
Egypt News Tourism Sector Is Optimistic About CBE’s New Governor: Marsa Alam Investor Amwal Al Ghad English Oct 22, 2015 0 Atef Abdel Latif of the Marsa Alam Investors Association said the tourism sector is optimistic about the…
Banks Outgoing c.bank chief Ramez: Investors care about dollar availability in Egypt, not price Yomna Yasser Oct 21, 2015 0 The Central Bank of Egypt (CBE) has just carried out another devaluation of the Egyptian Pound against the US…