If Egypt wants IMF deal, it needs to get serious about economic reform
When Egypt’s central bank devalued the pound on March 14, it prompted some economists to speculate that the…
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Egypt’s central bank
EXCLUSIVE: Who’s who Egypt bank CEOs likely to leave on 9-year term limit decree
The decision of Egypt's central bank on Thursday to set a 9-year term limit for all banks’ CEOs will force ten of…
Egypt central bank sets 9-year term limit for banks’ CEOs
Chief executive officers of banks in Egypt, including those in the private sector, will have to step down after…
Egypt’s central bank sells $104.5mn at regular foreign currency auction Tuesday
Egypt's central bank has kept the pound stable at 8.78 per dollar at its regular foreign currency auction Tuesday…
Egypt’s central bank to hold foreign exchange auctions once a week
Egypt's central bank will from now on offer one foreign currency auction per week, on Tuesdays, when it will sell…
BREAKING: Egypt’s central bank raises key interest rates by 150 basis points
Egypt’s central bank has decided to raise interest rates by 150 basis points during its monetary policy meeting…
What will Egypt’s flexible exchange rate look like? – Reuters
Egypt's decision to make the exchange rate more flexible will return the central bank to the managed float in use…
Housing and Development Bank to pump 3 bln Egyptian pounds into SMEs in 4yrs
Egyptian lender Housing and Development Bank (HDB) is planning to pump 3 billion Egyptian pounds ($335.2 million)…
Egypt stock market 1.94% up in post-devaluation rally
Egypt’s stock market continued to rally Tuesday posting gains worth 7.1 billion Egyptian pounds ($793.5 million)…
Egypt central bank holds pound steady at 8.85 per USD at special auction
Egypt's central bank will hold the Egyptian currency steady at 8.85 pounds per dollar at an exceptional foreign…