CBE
CBE governor expects Suez Canal investment certificates purchasing to reach target in 48 hours
Business
September 15, 2014
CBE governor expects Suez Canal investment certificates purchasing to reach target in 48 hours
Central Bank of Egypt (CBE) Governor Hesham Ramez said the outcome of purchasing the new Suez Canal certificates reached LE9.5…
Egypt to pay back US$500 mn to Qatar in October
Business
August 26, 2014
Egypt to pay back US$500 mn to Qatar in October
Central Bank of Egypt (CBE) Governor Hesham Ramez said Qatar has US$500 million in Egypt that will be paid back…
CBE opens new account to support Egyptian economy
Business
June 24, 2014
CBE opens new account to support Egyptian economy
Central Bank of Egypt Governor Hesham Ramez said a new account dubbed Long Live Egypt 037037 has been opened to…
CBE governor says US$3 billion paid to Qatar in December
Business
April 2, 2014
CBE governor says US$3 billion paid to Qatar in December
Central Bank of Egypt (CBE) Governor Hesham Ramez said that Egypt has not been late in paying for dues of…
CBE: Total surplus of US$2 bn at balance of payment during first half of 2013-2014
Business
April 1, 2014
CBE: Total surplus of US$2 bn at balance of payment during first half of 2013-2014
Central Bank of Egypt (CBE) announced a total surplus of around US$2 billion at the balance of payment during the…
Experts praise CBE exceptional US$1.5 billion tender
Business
January 27, 2014
Experts praise CBE exceptional US$1.5 billion tender
Central Bank of Egypt (CBE) offered on Monday an exceptional tender to sell US$1.5 billion to banks in order to…
Banking officials: Government still faces foreign cash reserve drop
Business
January 1, 2014
Banking officials: Government still faces foreign cash reserve drop
Banking officials said the foreign cash reserve in Egypt might decline in 2014 and thereby place more pressure on the…
CBE raises foreign currency transfer rate to US$200,000
Business
December 15, 2013
CBE raises foreign currency transfer rate to US$200,000
Central Bank of Egypt (CBE) Governor Hesham Ramez said the allowed maximum rate of foreign currency transfer will be increased…
CBE offers 137th tender of US$40 million for auction
Business
December 11, 2013
CBE offers 137th tender of US$40 million for auction
The Central Bank of Egypt (CBE) granted on Wednesday a tender of US$40 million, offering it up for auction to…
CBE grants US$40 million tender for auction
Business
November 25, 2013
CBE grants US$40 million tender for auction
The Central Bank of Egypt (CBE) offered on Monday a tender of US$40 million for auction to banks operating in…