Egypt state banks launch products to support national currency
Egypt's two largest state-run banks have launched savings certificates for Egyptian pounds with an interest rate of…
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Central Bank of Egypt
Egyptian foreign reserves slightly up at end of October
Egypt's foreign currency reserves inched up to US$16.415 billion at the end of October from $16.335 billion in 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 domestic liquidity jump 1.9 pct end-July: CBE
Egypt's domestic liquidity has boosted by 1.9 percent (33.99 billion Egyptian pounds) to record 1.799 trillion…
Egypt’s external debt hits record high at end-June – c.bank
Egypt’s external debt hit a record of US$48.062 billion by the end of June 2015, the central bank said Monday. On…
Moody’s: Drop in Egypt’s foreign reserves ‘credit negative
The steady drop of Egypt’s international foreign reserves is “credit negative,” according to a report released by…
Faisal Islamic offers 3 proposals to activate central bank’s mortgage initiative
Faisal Islamic Bank of Egypt is offering the country’s central bank three proposals to activate the mortgage…
Egypt returns to international market through ‘successful’ Eurobond issuance – IMF
Egypt has returned to international markets through the successful issuance of a US$1.5 billion Eurobond, said…