Gold reserves fall 1% in Egypt last December
Egypt’s gold reserves declined by $30 million or 1.1 percent month-on-month in December 2017, according to data…
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central bank
Banks to be closed in Egypt next Monday
Egyptian banks will be closed next Monday, the Central Bank of Egypt (CBE) said Wednesday in a statement. As…
Latest IMF $2bn disbursement to be used to reduce Egypt’s budget deficit: CBE
The latest $2 billion loan disbursement from the International Monetary Fund (IMF), which is set to be delivered…
Foreign investment in Egyptian securities rises to $19 billion: minister
Foreign investment in Egyptian securities hit $19 billion as of December 6 since the flotation of the pound…
Egypt’s M2 money supply up 40.48% year-on year in October: CBE
Egypt's M2 money supply was up 40.48 percent at the end of October from a year earlier, central bank data showed on…
Egypt’s Central Bank provides $150 bln within two years
Egypt’s Central Bank and the banking system has provided an amount of $150 billion within two years so as to repay…
Egypt’s central bank issues 13.25 bln pounds treasury bills Sunday
Central Bank of Egypt (CBE) has launched Sunday treasury bills worth 13.25 billion Egyptian pounds ($749 million),…
Erdogan is unlikely to win his battle latest campaign against markets in Turkey
Recep Tayyip Erdogan is taking on financial markets again, and if history is a guide, he’s going to lose. The…
Egypt sells $1.728bn in one-year dollar-denominated treasury bonds in auction
Egypt has sold $1.728 billion in one-year dollar-denominated treasury bonds to local and foreign financial…
Gold prices nudge up ahead of Fed meeting minutes
Gold prices inched up early on Wednesday as investors remained cautious ahead of the release of minutes from the…