Farouk El Okdah Left For London, No Reason Declared
Dr. Farouk El Okdah, governor of Central Bank of Egypt (CBE), left for London, while Adel Abdel Hamid, minister of…
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Central Bank of Egypt
Banque Misr To Announce Financial Results 2010/11 By Mid June
Central Bank of Egypt (CBE) will approve Banque Misr’s financial results for FY 2010/2011 ended in June 2011 in the…
CBE Lowers RRR To 10%, Second Time in Two Months
The Central Bank of Egypt (CBE) said on Sunday it was lowering the reserve requirement on local currency deposits…
Egypt Offers EGP 3.5 Bln T-Bills Ahead Of Presidential Runoff
Central Bank of Egypt (CBE) will offer EGP 3.5 billion ($579 million) of treasury bills after unofficial results of…
Banque Misr Issues 80,000 Yellow Remittance With EGP 279 million
An official source said that Banque Misr disbursed 80 121 yellow remittances worth EGP 279.926 million two months…
CBE Offers EGP 4.5 Bln T-Bills On Second Day of Presidential Elections
Central Bank of Egypt (CBE) will offer EGP 4.5 billion ($745 million) of treasury bills today as yields rose ahead…
Egypt To Sell $500 Mln T-bonds To Saudi Arabia
Egypt has agreed to sell $500 million treasury bonds to Saudi Arabia in an agreement signed on Sunday, Planning…
SMEs Portfolio To Represent 30% off AIB’s Loans by 2014
Hany Seif El Nasr, chairman & managing director of Arab Investment Bank, said the Bank’s strategy for…
CBE Sells EGP 4 Bln T-Bills
Central Bank of Egypt said the yield on 266-day treasury bills rose at an auction on last Sunday and the regulator…
Foreign Direct Investments Registered A Negative Value of US$ 858 Mln
Central Bank of Egypt (CBE) said net foreign direct investments registered a negative value of US$ 858.2 million by…