El-Okdah’s FX Auction Reason Behind Dollar Shortage: Ali Fayez
Ali Fayez, former general manager of Federation of Egyptian Banks (FEB), stated that the FX auction mechanism,…
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Farouk El-Okdah
CBE’s MPC To Hold Last Meeting Headed By Farouk El-Okdah Tomorrow
The Monetary Policy Committee at the Central Bank of Egypt (CBE) holds its first meeting in 2013 next Thursday to…
Amer Leaves Upon El-Okdah’s Resignation, El-Kosayer Most Likely To Succeed Amer
An expected resignation was submitted yesterday by Tarek Amer, chairman of the National Bank of Egypt (NBE), to…
El-Okdah: IMF’s Delegation To Visit Egypt In Two Weeks
The International Monetary Fund’s delegation will be visiting Egypt in two weeks so as to resume the talks over the…
Egypt’s New Central Bank Chief Says Not Worried About Currency
Egypt's newly named central bank chief sought to reassure investors on Thursday there was no need to be worried…
IMF Held Productive Discussions With Egypt; Official
The International Monetary Fund held "productive" discussions with Egypt about its economic strategy, a senior…
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…
Hisham Ramez Rejects CBE’s Governor Post
Hisham Ramez, vice chairman of Commercial International Bank (CIB), has turned down an offer to be Governor of the…
Farouk El-Okdah To Leave CBE Upon Approval Of New Constitution
A number of bankers affirmed that Dr. Farouk El-Okdah, Governor of Central Bank of Egypt (CBE), will leave his…
Get To Know Egypt’s Potential CBE Governor; Hisham Ramez
On December 22nd, the Egyptian president Mohamed Morsi has met with CIB's Managing Director Hisham Ramez. News were…