CBE

CBE governor expects Suez Canal investment certificates purchasing to reach target in 48 hours
Business

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

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

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

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

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

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

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

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

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

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…
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