CBE said in a statement on its website that it has cleared "all the pending backlog" owed to foreign investors "to date".
03.12.2015
|
News by
All Africa
The move by Amer in the first week of his tenure also signals he’s readying for a more liberal currency policy.
02.12.2015
|
News by
Bloomberg Business
Afreximbank would also avail its investment guarantee and country risk guarantee programmes to the Egyptian government.
29.11.2015
|
News by
Star Africa
Egypt's business community will breathe easier when Tarek Amer takes charge at CBE on Friday with hopes high he will revamp a monetary policy.
28.11.2015
|
News by
Business Standard
The bank will increase its capital from its reserves and in return will issue 229.4 million shares in the bonus issue at a value of LE10 per share.
25.11.2015
|
News by
Ahram Online
Egypt has been suffering from an acute dollar shortage that has left imports piling up at ports with companies unable to open letters of credit.
18.11.2015
|
News by
Ahram Online
The move comes after five lead Egyptian banks last week raised interest rates to above 12 percent.
16.11.2015
|
News by
Ahram Online
5 UAE banks currently operate in the Egyptian market; ENBD, the National Bank of Abu Dhabi, Abu Dhabi Islamic Bank, Union National Bank and Mashreq.
16.11.2015
|
News by
Daily News Egypt
Gamal negm will serve as a caretaker as Ramez will be on leave until the end of his term in 26 November then Tarek Amer takes over.
12.11.2015
|
News by
Ahram online
Egypt’s attempt to preempt a collapse in the currency isn’t convincing investors it can avoid an eventual devaluation.
12.11.2015
|
News by
Bloomberg
Al Ahli paid $150 million for the stake in the Greek lender's Egyptian unit.
11.11.2015
|
News by
Ahram Online
On Sunday, Egypt's largest two state-owned banks launched savings certificates for Egyptian pounds at an interest rate of 12.5 percent.
11.11.2015
|
News by
Ahram Online
UNB supports Emirati investors in Egypt, and issued letters of guarantee worth $150m for the National Drilling Company to dig the New Suez Canal.
09.11.2015
|
News by
Daily News Egypt
CBE has given permission to trade dollars up to 0.10 EGP and 0.15 EGP above or below the official rate at banks and exchange bureaus.
02.11.2015
|
News by
Star Africa
World Bank and African Development Bank delegation met Prime Minister Ismail to reaffirm commitment to cooperate in reviving the country's economy.
25.10.2015
|
News by
Zawya
Predecessor Hisham Ramez reportedly faced increasing criticism for his reluctance to devalue the Egyptian pound.
25.10.2015
|
News by
Middle East Eye
The central bank faced increased pressure to devalue as the black market burgeoned, offering a lifeline to businesses unable to access enough dollars
24.10.2015
|
News by
The Daily Star
Amer will take charge of the central bank after the end of Ramez’s term on Nov. 26.
21.10.2015
|
News by
Bloomberg Business
NBE ranked first in Egypt and Africa and third in Middle East and North Africa in field of syndicated loans, according to Bloomberg Foundation.
21.10.2015
|
News by
Daily News Egypt
Trojan attacks doubled in comparison to the same period in 2014. The attacks’ severity increased targeting the commerce and banking service sectors.
21.10.2015
|
News by
Daily News Egypt
