Annual urban consumer inflation eased for the third consecutive month in March to 9 percent from 9.1 percent in February.
01.05.2016
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News by
Ahram Online
Egypt's public prosecutor is investigating several bureaus accused by the central bank of hoarding dollars.
27.04.2016
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News by
Ahram Online
The central bank will repay $800 million to the Paris Club and the remaining $1 billion it owes to Qatar next July.
05.04.2016
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News by
Ahram Online
The net loans and advances reached EGP13.8 billion at year-end 2015, up 37.4 per cent compared to the previous year.
31.03.2016
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News by
GDN online
The central bank issued a nine-year term limit for banks top executives, described as an effort to revitalize the industry.
25.03.2016
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News by
The Daily Star
CBE, other parties still studying issue of sale, we have not received instructions so far, says El-Kady.
20.03.2016
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News by
Daily News Egypt
Egypt devalued its currency by about 13 percent at a local sale of greenbacks on Monday and said it would adopt a more flexible exchange rate.
16.03.2016
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News by
Bloomberg Business
Tuesday’s auction was the second consecutive day in which the CBE issued an exceptional tender to inject foreign currency liquidity into banks.
16.03.2016
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News by
Star Africa
CBE will hold an exceptional dollar auction for $1.5bn on Wednesday to cover the outstanding debts importers owe to the banks in foreign currency.
16.03.2016
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News by
albawaba
Egypt's foreign currency reserves have declined by more than half since 2011, reaching $16.534 billion in February.
14.03.2016
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News by
Ahram Online
Attijariwafa, which already has a presence in 24 countries, including 14 in Africa, is interested in bidding for the Egypt business.
10.03.2016
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News by
Money Market
The CBE noted that the measures are meant to facilitate individuals’ transactions with banks operating in Egypt.
09.03.2016
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News by
Star Africa
Egypt’s reserve of foreign exchange increased from $33.16 billion at the end of October 2015 to the end of the $533.16 billion last February.
04.03.2016
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News by
Star Africa
The NBE will repay the loan over eight years, including a three-year grace period.
04.03.2016
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News by
Ahram Online
Ramez will serve as Vice-Chairman and Managing Director of Egypt's largest listed company.
29.02.2016
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News by
Ahram Online
The central bank had directed local banks to prioritize giving dollars to pharmaceutical companies to import medicine and supplies.
24.02.2016
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News by
Canadian Business
The Central Bank of Egypt excluded manufacturing inputs from the requirement on importers to provide 100% cash deposits on their letters of credit.
24.02.2016
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News by
Ahram Online
The United Bank was formed out of the merger of three failing banks which the central bank acquired in 2006.
23.02.2016
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News by
Banking and Finance
EBRD continues to support SMEs in Egypt, providing a US$ 30 million to Bank Audi SAE Egypt for on-lending to SMEs.
13.02.2016
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News by
Financial
Egypt, which relies heavily on imports, has been facing a shortage of foreign currency since a 2011.
06.02.2016
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News by
Zawya
