CBE has agreed with the government to collaborate on designing policies that “will contribute positively to economic growth and job creation.”
26.12.2015
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News by
Bloomberg Business
The deal gives Egypt free trade access to seven new African nations.
26.12.2015
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News by
Ahram Online
Three out of five economists surveyed by Ahram Online expect the Central Bank of Egypt to raise benchmark rates to combat inflation.
24.12.2015
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News by
Ahram Online
The move, which will come into effect in January, aims to limit imports of products with domestic alternatives in order to shore up limited resources
22.12.2015
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News by
Ahram Online
HSBC Holdings PLC has approved to give a support for its Egyptian unit's capital through retained earnings, CEO and deputy chairman of HSBC Egypt.
19.12.2015
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News by
Zawya
The meeting is scheduled to discuss efforts to control inflation.
18.12.2015
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News by
Ahram Online
The transaction is the first time the bank has sought to borrow from international banks since the North African country was hit by political unrest.
08.12.2015
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News by
Ahram Online
Talks to buy Egyptian and Zimbabwean operations from the parent ended after they couldn’t agree on price.
04.12.2015
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News by
Bloomberg Business
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
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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
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News by
Bloomberg Business
Afreximbank would also avail its investment guarantee and country risk guarantee programmes to the Egyptian government.
29.11.2015
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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
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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
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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
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News by
Ahram Online
The move comes after five lead Egyptian banks last week raised interest rates to above 12 percent.
16.11.2015
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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
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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
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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
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News by
Bloomberg
Al Ahli paid $150 million for the stake in the Greek lender's Egyptian unit.
11.11.2015
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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
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News by
Ahram Online
