Dollar shortage may force Italcementi to change regional hub from Egypt
Italian cement maker Italcementi SpA may consider moving its regional hub from Egypt if the country’s dollar…
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Egypt’s central bank
Egypt central bank to hold exceptional $500 million FX auction Sunday
Egypt's central bank announced Sunday it would hold an exceptional auction for $500 million, pumping more foreign…
Egypt’s central bank receives $900 million from China under Jan deal: official
Egypt's central bank has received $900 million from the China Development Bank under a $1 billion financing…
Egypt raises dollar deposit caps for imports of essential goods
Egypt’s central bank announced Tuesday that it would raise the monthly limit to $250,000 from $50,000 for importers…
Egypt’s central bank may float United Bank, Arab Investment Bank: sources
United Bank of Egypt and Arab Investment Bank are likely the two state banks which the central bank plans to offer…
Two major banks mulling listing on Egypt bourse: c.bank chief
Egypt’s central bank is considering listing shares in two major banks on Cairo bourse, chief Tarek Amer announced…
China to deposit $1 billion in Egypt central bank during Chinese president’s visit
Egypt and China are to sign a deal securing a US$1 billion loan for the Egyptian Central Bank during the Chinese…
New Egypt bank rules to spur business lending and growth
Egypt's central bank said Monday it had amended credit market rules to encourage banks to lend to a wider range of…
Egypt’s central bank outlines plan to support SMEs
Egypt's central bank issued Sunday guidelines on how it will incentivise banks to participate in a "comprehensive…
Egypt’s Q1 FY2015/16 overall BOP deficit hits $3.7 billion
Egypt’s overall balance of payment deficit widened to US$3.7 billion in the first quarter of the financial year…