Egypt Signals Currency Policy Shift With Payment Of Foreign Dues
Egypt’s new central-bank Governor Tarek Amer sought to restore investor confidence battered by five years of…
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Tarek Amer
Egypt Central bank repays $547.2 million to foreign investors
Egypt’s central bank (CBE) said Tuesday it cleared the backlog of funds it owed foreign investors who sold local…
Egypt’s pound steady at first forex auction under new c.bank governor
Egypt's central bank held the pound steady at 7.7301 pounds to the dollar Sunday at the first official foreign…
Afreximbank proposes $1 billion facility to support Egypt’s foreign currency liquidity
The African Export-Import Bank (Afreximbank) is ready to arrange a facility of up to $1 billion for Egypt’s central…
Egypt returns ex-governor Farouk al-Okda to central bank fold
Egypt has named ex-central bank governor Farouk al-Okda to a high-level committee at…
Egypt’s central bank names two deputy governors
Egypt's central bank has named two deputy central bank governors in a board reshuffle, it said in a statement…
CBE To Convert $4bln Worth Of Dues On Importers To Local Currency
The Central Bank of Egypt (CBE) is moving to convert debts owed by importers in dollars to debts to be repaid in…
Egypt state banks launch products to support national currency
Egypt's two largest state-run banks have launched savings certificates for Egyptian pounds with an interest rate of…
Central Bank of Egypt records $3bn in net profits at end-June
Egypt’s central bank (CBE) said net profit grew 0.2 percent to 23.866 billion Egyptian pounds (US$3 billion) in the…
Egypt Central Bank Keeps Main Interest Rates Unchanged –Statement
Egypt's central bank kept its benchmark interest rates on hold at a monetary policy meeting on Thursday, the…
