Hunger Revolution Looms As Foreign Reserves Drop Sharply: Experts
Egypt’s foreign cash reserves dropped US$ 448 million to reach US$ 15.035 billion at the end of last November. A…
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Central Bank of Egypt
Egypt’s Foreign Cash Reserves Drop US$448 Mln At End Of November
Egypt’s foreign cash reserves dropped US$ 448 million to reach US$ 15.035billion at the end of last November,…
CBE Expected To Leave Interest Rates Steady For The Eighth Time
The Monetary Policy Committee at the Central Bank of Egypt (CBE) will hold its regular meeting today to discuss…
CBE Expected To Keep Interest Rates Unchanged On Thursday
A number of banking experts expected the Monetary Policy Committee to leave overnight deposit and lending rates…
Egypt Offers 182-,364-Day T-Bills Worth EGP 5.5 Bln
The Egyptian Ministry of Finance announced that it has offered EGP 5.5 billion treasury bills in an auction today.…
Egypt Cabinet Unveils Long-Awaited Economic ‘Reform’ Program
Egypt’s Cabinet on Wednesday unveiled its economic reform program, upon which a proposed $4.8 billion loan from the…
CBE Exempts Four Banks From Applying Basel II Standards
The Central Bank of Egypt (CBE) announced that four banks working in the country would be exempt from having to…
Egypt Adopts Long-Term Expansionary Monetary Policy
The Egyptian Ministry of International Cooperation stated that the Central bank of Egypt (CBE) targets to adopt…
Export Development Bank Confirms Asking For Islamic Banking License
The Export Development Bank of Egypt (EDBE) issued a statement today affirming what Amwal Al Ghad reported…
Export Development Bank Seeks Islamic Banking License
The Export Development Bank of Egypt (EDBE) has submitted a request to the Central Bank of Egypt (CBE) to get a…
