forex news Egypt central bank holds pound steady at 8.85 per USD at special auction Yomna Yasser Mar 15, 2016 0 Egypt's central bank will hold the Egyptian currency steady at 8.85 pounds per dollar at an exceptional foreign…
EGX Egypt main index hits highest since July 2013 after currency devaluation Yomna Yasser Mar 14, 2016 0 Egypt’s main index, EGX30 touched its highest since July 2013 following the central bank's move to partially…
Banks Egypt central bank partially devalues Egyptian pound to 8.85 per dollar Yomna Yasser Mar 14, 2016 0 Egypt's central bank has partially depreciated the Egyptian pound to 8.85 per dollar from 7.73 in an exceptional…
Banks QNB to sign $6.4 million deal in support of Egypt SMEs this month Yomna Yasser Mar 10, 2016 0 Qatar National Bank AlAhli S.A.E. (QNB AlAhli) is to sign this month its first contract with Social Fund for…
Banks Egypt lifts caps on forex deposits, withdrawals for essential goods imports Yomna Yasser Mar 9, 2016 0 Egypt's central bank has removed Wednesday caps on foreign exchange deposits and withdrawals for companies…
Banks Egypt central bank chief aims to raise FX reserves to $25 billion in 2015 Yomna Yasser Mar 9, 2016 0 Egyptian Central Bank Governor Tarek Amer said the bank aims to increase Egypt's foreign reserves to $25 billion by…
Banks Egypt central bank ends foreign currency caps on individuals Yomna Yasser Mar 8, 2016 0 Egypt's Central Bank (CBE) has lifted the monthly cap on dollar deposits and withdrawal by individuals, it said in…
Industry & Trade Dollar shortage may force Italcementi to change regional hub from Egypt Yomna Yasser Mar 6, 2016 0 Italian cement maker Italcementi SpA may consider moving its regional hub from Egypt if the country’s dollar…
Banks Egypt central bank to hold exceptional $500 million FX auction Sunday Yomna Yasser Mar 6, 2016 0 Egypt's central bank announced Sunday it would hold an exceptional auction for $500 million, pumping more foreign…
Banks Egypt’s central bank receives $900 million from China under Jan deal: official Yomna Yasser Feb 8, 2016 0 Egypt's central bank has received $900 million from the China Development Bank under a $1 billion financing…