Egypt c.bank FX auction to clear backlog on imports of staples, medicines
Egypt's central bank announced Tuesday that foreign currency offered at its regular weekly auction would be…
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Egypt’s central bank
Arab Investment Bank may become 3rd Egypt public bank to seek bourse listing
State-run Arab Investment Bank plans to float some of its shares on Egypt stock exchange, the bank’s chairman Hani…
China to pump $30 billion in Egyptian projects in two years
China is set to pump direct investments that could reach $30 billion in Egypt in the next two years, Egyptian…
Egypt to receive $5bn in 3 months for its foreign reserves
Egypt will receive $5 billion within 3 months to support its foreign currency reserves, the central bank governor…
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…
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…
