Can Egypt’s new central bank chief calm currency crisis?
When Egypt’s central bank governor Hisham Ramez quit, phones began ringing as bankers congratulated each other on…
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Egypt’s central bank
Egypt approves foreign currency deposits of export revenues from 6 states
Egypt’s central bank has issued instructions to all banks to accept cash deposits in foreign currency from export…
BREAKING: Egypt’s Sisi names Tarek Amer as new central bank chief
Egyptian President Abdel Fattah al-Sisi has named Tarek Amer, former chairman of the country’s biggest state bank,…
Egypt central bank weakens local currency to 7.83 pounds to dollar
Egypt's central bank has allowed the Egyptian pound to weaken in its latest dollar auction to 7.83 per dollar from…
Egypt central bank keeps key interest rates ‘unchanged’
Egypt's central bank kept its benchmark interest rates unchanged at a monetary policy committee meeting Thursday, a…
Egypt delegates central bank official to join AfDB’s ALSF
Egypt’s central bank delegates one of its cadres to join the African Legal Support Facility (ALSF), official…
Egypt Central Bank to auction EGP6,5bn in T-bonds today
Egypt’s Central Bank is to issue treasury bonds worth 6,5 billion Egyptian pounds (US$829,8 million), on behalf of…
Kuwait’s Al Ahli gets Kuwaiti Watchdog nod to buy Piraeus Bank Egypt
Kuwait's Al Ahli Bank (ABK) received approval from the Gulf state's central bank to buy the Egyptian unit of…
Egypt Stocks end Week Bearish ahead of CBE Rates Meeting
Egypt’s stocks edged down on Thursday with losses worth 1.5 billion Egyptian pounds (US$196.6 million) ahead of a…
Egypt sells $500mn in Interbank Market to meet Strategic Food Demands
Egypt's central bank announced on Monday it sold $500 million in the interbank market. The bank said it aims to…