Industry & Trade Cairo to make $750 mln debt payment to foreign oil firms on Jun. 1 Yomna Yasser May 16, 2017 0 Egypt will make a debt payment worth $750 million to international oil companies next June 1st, the country’s…
Banks IMF release of second payment shows confidence in Egypt’s economy: official Yomna Yasser May 14, 2017 0 The International Monetary Fund (IMF) agreement to release the second tranche of a 12-billion US dollar loan to…
Banks CBE governor chairs Egypt delegation for IMF, World Bank spring meetings Yomna Yasser Apr 18, 2017 0 Tarek Amer, governor of the Central Bank of Egypt, is heading his country’s high-level delegation of central bank…
Banks Gulf deposits to Egypt sharply fall to $2 bln in 2016: official Yomna Yasser Mar 27, 2017 0 Deposits from the Gulf to Egypt’s central bank (CBE) have fallen to record $2 billion during 2016, from $31 billion…
Banks Central Bank of Egypt governor denies resignation Yomna Yasser Mar 25, 2017 0 Tarek Amer, Central Bank of Egypt's governor, said in remarks to Al-Arabiya news website that he did not resign…
Banks Egypt’s banks cleared to repatriate foreign firms’ long-held profits Yomna Yasser Mar 1, 2017 0 Egyptian banks are set to allocate about a quarter of their excess hard currency to foreign firms seeking to…
Banks Egypt’s foreign debt to reach 30% of GDP by June – central bank governor Yomna Yasser Feb 26, 2017 0 Egyptian Central Bank’s Governor Tarek Amer stated late Friday that he expects the country's foreign debt to reach…
Banks No further inflation impact from Egypt’s currency float – central bank… Yomna Yasser Feb 25, 2017 0 Egypt's floating of its currency has already had its effect on inflation and will not impact it again, Central Bank…
Banks Egypt will receive $1 bln World Bank loan this March – official Yomna Yasser Feb 25, 2017 0 Egypt will receive the second $1 billion tranche of a $3 billion World Bank loan in March, Central Bank Governor…
Banks Egypt bourse approves listing of state-run Banque Du Caire Yomna Yasser Feb 8, 2017 0 Egypt’s bourse announced Wednesday it approved listing of state-owned lender Banque Du Caire. Banque Du Caire, one…