Egypt to receive $5bn in 3 months for its foreign reserves
Egypt will receive $5 billion within 3 months to support its foreign currency reserves, the central bank governor…
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Tarek Amer
Egypt sold $500 mln in T-bills, bonds since devaluation,anticipates billions more
Investments in Egyptian treasury bills and bonds increased by $500 million since the Egyptian pound was devalued…
Egypt to float stakes in state-run Banque du Caire, AAIB this year: c.bank chief
Egypt will float some shares of two state-run lenders on the Egyptian stock exchange this year, the central bank…
EXCLUSIVE: Who’s who Egypt bank CEOs likely to leave on 9-year term limit decree
The decision of Egypt's central bank on Thursday to set a 9-year term limit for all banks’ CEOs will force ten of…
Egypt’s state agricultural lender names new chairman
Egypt’s main agricultural lender, Principal Bank for Development and Agricultural Credit (PBDAC) appointed…
Egypt’s central bank to hold foreign exchange auctions once a week
Egypt's central bank will from now on offer one foreign currency auction per week, on Tuesdays, when it will sell…
What will Egypt’s flexible exchange rate look like? – Reuters
Egypt's decision to make the exchange rate more flexible will return the central bank to the managed float in use…
CBE offering $1.5 bln at auction to eliminate black market
The Central Bank of Egypt (CBE) will offer on Wednesday to sell $1.5 billion in an exceptional auction to banks so…
Egypt lifts caps on forex deposits, withdrawals for essential goods imports
Egypt's central bank has removed Wednesday caps on foreign exchange deposits and withdrawals for companies…
Egypt central bank chief aims to raise FX reserves to $25 billion in 2015
Egyptian Central Bank Governor Tarek Amer said the bank aims to increase Egypt's foreign reserves to $25 billion by…
