3 consulting firms vie for restructuring Egypt state agricultural lender
Three firms for financial consulting are bidding for the restructure of Egypt’s main agricultural lender, Principal…
Browsing Tag
Tarek Amer
Egypt’s foreign reserves climb to $16.5 billion in February
Egypt’s foreign currency reserves have surged by $56 million in February for the fifth consecutive month, to reach…
CBE to consider floating pound when foreign reserves hit $30bn
The Central Bank of Egypt (CBE) will consider floating the local currency when foreign reserves hit between $25bn…
C.bank plans to float United Bank of Egypt
Egypt's central bank plans to float the United Bank of Egypt, in which it holds a 99 percent stake, in an initial…
Egypt won’t float currency until FX reserves reach at least $25 bln
Egypt is "definitely not going" to float its currency with foreign currency reserves at their current level, the…
Egypt signs $500 million Afreximbank facility agreement to ease FX shortage
The African Export-Import Bank (Afreximbank) and the Central Bank of Egypt (CBE) signed in Cairo signed Friday a…
Saudi investments in Egypt worth $9 billion – c.bank governor
Saudi investment deals in Egypt add up to $9 billion, the Central Bank of Egypt (CBE) governor Tarek Amer said…
Egypt’s central bank receives $900 million from China under Jan deal: official
Egypt's central bank has received $900 million from the China Development Bank under a $1 billion financing…
Egypt raises dollar deposit caps for imports of essential goods
Egypt’s central bank announced Tuesday that it would raise the monthly limit to $250,000 from $50,000 for importers…
Egypt’s central bank may float United Bank, Arab Investment Bank: sources
United Bank of Egypt and Arab Investment Bank are likely the two state banks which the central bank plans to offer…
