Tarek Amer: FX Auctions To Give More Freedom To Egyptian Pound Pricing
Tarek Amer, Chairman of National Bank of Egypt (NBE) and President of Egypt Banks Union, has commended the new…
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Egypt’s central bank
Morsi Urges Egypt Opposition To Cooperate On Reviving Economy
Egyptian President Mohamed Morsi called on the opposition to work alongside the government to stabilize the…
US Dollar Hikes EGP 0.4 In Week, Differing Views On CBE’s Intervention
A number of exchange market experts asserted that the U.S. dollar has recorded an increase in a week ranging…
U.S. Dollar Hikes To Ten-Year High Against Egyptian Pound
The U.S. Dollar is trading on Thursday at the highest levels against the Egyptian Pound in almost 10 years. The…
SNS To Sign Contracts With 9 Institutions Worth EGP 3 Mln
The Security and Network Services (SNS) Company will be signing a contract with 9 private institutions with…
Egypt Central Bank Says Taking All Steps To Safeguard Bank Deposits
Egypt's central bank, responding to what it said were market rumors, said on Monday that it was taking all steps…
Egypt Has Yet to Present Reform Plan, IMF Says
The Egyptian government has yet to present a detailed economic reform program to the International Monetary Fund,…
MB, Al Nour, Al Wasat Parties Complete Sukuk Draft
Egypt's prominent Islamist parties, Al Nour, Freedom and Justice and Al-Wasat Parties have completed the first…
Egypt’s Central Bank Leaves Benchmark Rates Unchanged
Egypt's central bank kept its benchmark interest rates unchanged on Thursday, in a move that will help the…
Turkish Ambassador: Five-Year Visa Facility For Egyptian Businessmen
H.E. Hussein Awny, the Turkish Ambassador to Egypt, said the Egyptian businessmen can obtain now a five-year visa…
