Central Bank of Egypt records $3bn in net profits at end-June
Egypt’s central bank (CBE) said net profit grew 0.2 percent to 23.866 billion Egyptian pounds (US$3 billion) in the…
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CBE
Economists Divided On CBE’s Next Interest Rate Decision
Economists in Egypt are divided over the direction the Central Bank of Egypt (CBE) will move its key policy…
Egypt’s Economic Woes Persist Beyond Monetary Measures
As Egypt changes its monetary policy leader, the country’s economic woes persist at a time when the global economy…
Tourism Sector Is Optimistic About CBE’s New Governor: Marsa Alam Investor
Atef Abdel Latif of the Marsa Alam Investors Association said the tourism sector is optimistic about the…
Outgoing c.bank chief Ramez: Investors care about dollar availability in Egypt, not price
The Central Bank of Egypt (CBE) has just carried out another devaluation of the Egyptian Pound against the US…
BREAKING: Egypt devalues local currency fourth time in 2015
Egypt’s central bank has allowed Sunday the Egyptian pound to weaken in its latest dollar sale to 7.9301 per dollar…
Banque Du Caire gets Egypt c.bank nod to launch KSA, UAE represent offices
Egypt’s third biggest state-run bank, Banque Du Caire has received approval from the country’s central bank to…
Egypt’s Net FDI Rises 54.6% To $6.4 Bln In FY 14/15: CBE
Egypt's net foreign direct investments (FDI) rose by 54.6 percent in the fiscal year ending 30 June 2015 to stand…
Egypt’s foreign reserves drop to $16.335bn at end-September
Egypt's foreign currency reserves edged lower to US$16.335 billion at the end of September from $18.096 billion the…
Egypt central bank keeps key interest rates ‘unchanged’
Egypt's central bank kept its benchmark interest rates unchanged at a monetary policy committee meeting Thursday, a…
