Egypt’s Amer negates EGP debit cards banned for use abroad
The Central Bank of Egypt has denied reports that it banned Egyptians from using their EGP account debit cards…
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Tarek Amer
Egypt to repay $1 bln last tranche of Qatari deposit tomorrow: official
Egypt will repay the last $1 billion installment of the Qatari deposit Friday, said Egyptian central bank governor…
Egypt central bank chief claims report on IMF loan ‘incorrect’
“The figures quoted concerning a loan from the International Monetary Fund (IMF) are incorrect,” Egypt's central…
Cairo court ‘voids’ central bank’s 9-year term limit decree for bank CEOs
An Egyptian court has quashed Sunday the central bank’s decision to put a time limit on the tenures of chief…
Egypt central bank pumped $15.694 bln into banks in Nov-April
Egypt's central bank injected $15.694 billion into the country's banks from November through April through both…
Regional banks planning to open branches in Egypt: c.bank chief
Some regional banks, including UAE lenders, intend to inaugurate branches in Egypt, the governor of the Egyptian…
Egypt hopes to receive $2 bln deposit from UAE before May-end
Egypt is in talks with the United Arab Emirates to receive $2 billion in a Central Bank of Egypt (CBE) deposit…
Egypt central bank currently has no intention to devalue pound
As Egypt faces a dollar crisis, the Central Bank of Egypt (CBE) says it has "no intention" of devaluing the…
Arab Investment Bank may become 3rd Egypt public bank to seek bourse listing
State-run Arab Investment Bank plans to float some of its shares on Egypt stock exchange, the bank’s chairman Hani…
China to pump $30 billion in Egyptian projects in two years
China is set to pump direct investments that could reach $30 billion in Egypt in the next two years, Egyptian…
