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…
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Egypt’s central bank
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…
Afreximbank plans $3.5 billion in trade finance to ease Africa forex crunch
The African Export-Import Bank said Tuesday it had approved a trade financing programme to provide more than $3.5…
Egypt’s central bank injects dollars into banks, seeking to ease shortage
Egypt's central bank injected Sunday more foreign currency liquidity into the banking system in a surprise…
Egypt’s General Petroleum Corp in talks to delay dollar payments owed to banks
State-run Egyptian General Petroleum Corp (EGPC) did not receive its full dollar needs from the central bank in…
