CBE

CBE governor meets with bank heads
Economy

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

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

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

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

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

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

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

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

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

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.…
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