Banks Egypt Central bank repays $547.2 million to foreign investors Yomna Yasser Dec 1, 2015 0 Egypt’s central bank (CBE) said Tuesday it cleared the backlog of funds it owed foreign investors who sold local…
Banks Afreximbank proposes $1 billion facility to support Egypt’s foreign currency liquidity Yomna Yasser Nov 28, 2015 0 The African Export-Import Bank (Afreximbank) is ready to arrange a facility of up to $1 billion for Egypt’s central…
Banks Egypt’s central bank names two deputy governors Yomna Yasser Nov 18, 2015 0 Egypt's central bank has named two deputy central bank governors in a board reshuffle, it said in a statement…
Banks Egypt Govt Working With CBE To Ease Currency Pressures-PM Amwal Al Ghad English Nov 18, 2015 0 Egypt's government is working with the central bank to ease downward pressure on the currency by trying to boost…
Banks CBE Regulates Exporting Rice Amwal Al Ghad English Nov 18, 2015 0 The Central Bank of Egypt (CBE) issued new instructions to regulate exporting rice to abroad. The CBE’s…
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…