CBE
CBE governor meets with bank heads
Economy
October 30, 2017
CBE governor meets with bank heads
Governor of the Central Bank of Egypt (CBE), Tarek Amer, met held a meeting with bank heads, along with his…
Global policy forum kicks off Tuesday in Sharm El-Sheikh amid tight security
Business
September 12, 2017
Global policy forum kicks off Tuesday in Sharm El-Sheikh amid tight security
Tight security measures were imposed in Sharm El-Sheikh city between the airport and the Conference Hall, where the Financial Inclusion…
Egypt’s foreign reserves surge to $36.1 in August: CBE
Economy
September 6, 2017
Egypt’s foreign reserves surge to $36.1 in August: CBE
Egypt’s foreign reserves increased to $US 36.143 billion in August from $US 36.036 in July, surpassing, for first time, pre-January…
Egypt’s central bank seen holding interest rates after unexpected hikes
Economy
August 17, 2017
Egypt’s central bank seen holding interest rates after unexpected hikes
Egypt’s central bank is seen leaving key interest rates unchanged this month, a Reuters poll indicated on Tuesday, after it…
Egypt Reserves Reach Record High of Over $36 Billion
Economy
August 2, 2017
Egypt Reserves Reach Record High of Over $36 Billion
Egypt’s foreign reserves reached $36.036 billion in July, a record high, which the prime minister described as “good news” as…
32.5% increase in Egypt’s foreign debt: CBE
Egypt
August 1, 2017
32.5% increase in Egypt’s foreign debt: CBE
The Central Bank of Egypt (CBE) said that Egypt’s gross foreign debt surged by 32.5 percent ($18.1 billion) in the third…
Forbes lists CBE Deputy Governor Lobna Helal as 2nd most powerful Arab businesswoman
Business
July 24, 2017
Forbes lists CBE Deputy Governor Lobna Helal as 2nd most powerful Arab businesswoman
Forbes Middle East ranked Egypt’s Deputy Central Bank Governor Lobna Helal, as the second most powerful Arab businesswomen. “Helal is…
US dollar exchange rate relatively declines Wednesday
Economy
July 19, 2017
US dollar exchange rate relatively declines Wednesday
The exchange rate of the US dollar witnessed a relative decline against the Egyptian pound on Wednesday maintaining a slight…
US dollar backs down to LE18
Economy
July 18, 2017
US dollar backs down to LE18
The US dollar exchange rate against the Egyptian pound slightly declined to settle at LE18 on Tuesday. According to updated…
US dollar exchange rate surpasses LE18
Economy
July 17, 2017
US dollar exchange rate surpasses LE18
The US Dollar exchange rate against the Egyptian Pound slightly rose on Sunday within the banking sector to settle above LE18.…