Future of Egyptian pound after its unexpected appreciation
The recent unexpected aggressive appreciation of the local currency against the greenback, breaking the…
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Tarek Amer
Foreign cash flows hit $150bn in 30 months: Egypt’s c.bank governor
Foreign cash flows from different sources reached $130 billion since the Egyptian pound exchange rate liberation in…
Egypt central bank governor says foreign debt not worrying
Egypt’s central bank governor said on Friday the country was not worried about its levels of foreign debt.
Egypt says no need to embark new economic reform plan
Egypt’s central bank governor said on Friday the country would not need to reach a new economic programme following…
Egyptian market needs EGP1.5 tn funds to raise development rates:Amer
The banking sector needs to pump funds of 1.5 trillion into the Egyptian market to support the economy and increase…
Egypt’s central bank says $88 billion cash inflows into banks in two years
Cash inflows into Egypt’s banking system totalled around $88 billion in two years, Egypt’s central bank governor…
Egypt’s foreign inflows exceeded $150 bln since 2016 pound flat – c.bank head
Egypt’s central bank governor said on Friday foreign inflows had exceeded $150 billion since its pound currency was…
Billionaire Naguib Sawiris plans to set up Egypt-based SME bank
Egyptian tycoon Naguib Sawiris said on Monday he seeks to set up a bank in his country specialising in services for…
European banks bid to invest in Egypt: CBE governor
The Central Bank of Egypt (CBE) received bids from European banks to pump investments into the Egyptian market, CBE…
US institution offers to acquire The United Bank: Amer
The Central Bank of Egypt Governor, Tarek Amer, revealed that there is an offer from US institution to acquire The…
