EXCLUSIVE: Egypt’s main agricultural bank eyes central bank’s $638.5mn loan
Egypt's main agricultural bank PBDAC is seeking a subordinated loan worth 5 billion Egyptian pounds (US$638.5…
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Central Bank of Egypt
AfDB’s $500 million loan transferred to Egypt central bank’s account
A US$500 million loan from the African Development Bank (AfDB) was transferred Thursday evening to the Egyptian…
Egypt’s foreign reserves rose to $16.445 billion at end-December
Egypt's foreign currency reserves rose by US$23 million to record US$16.445 billion dollars at the end of December…
Egypt receives AfDB, World Bank’s $1.5bn first trance: minister
Egypt has received US$1.5 billion worth of the first tranches of both African Development Bank and World Bank’s…
Central Bank of Egypt raises key interest by 50 basis points
Egypt's Monetary Policy Committee (MPC) decided to raise benchmark interest rates by 50 basis points Thursday,…
Egypt’s central bank pumped $8.3 bln for imports and investors -governor
Egypt's central bank and banking sector provided US$8.3 billion for imports and investors in recent weeks, Central…
Egypt’s Central Bank may raise interest rates- survey
The Central Bank of Egypt (CBE) is likely to raise interest rates to combat inflation at its meeting Thursday, a…
Central Bank tightens import controls to boost Egypt’s production
Central Bank of Egypt (CBE) will tighten import regulations from January in a bid to support local manufacturing…
Insurance firms invest $2.3 billion in t-bills: Egypt c.bank
Insurance companies have invested 18.014 billion Egyptian pounds (US$2.3 billion) in treasury bills during…
Egypt’s external debt drops $2bn in 3 months:CBE
Egyptian external debt declined by US$2 billion from June-September 2015, going from $48.1bn to $46.1 billion, a…
