central bank

Egypt on track to receive 2nd tranche of IMF loan
Egypt

Egypt on track to receive 2nd tranche of IMF loan

Egypt is on track to receive the second tranche of a US$12 billion three-year loan from the International Monetary Fund…
Egypt trade deficit narrows by $7 bln since January: trade minister
Business

Egypt trade deficit narrows by $7 bln since January: trade minister

Egypt's trade deficit has narrowed by $7 billion since January, Trade and Industry Minister Tarek Kabil said on Tuesday, adding…
Bank of Israel buying ‘hundreds of millions’ of dollars: sources
Business

Bank of Israel buying ‘hundreds of millions’ of dollars: sources

The Bank of Israel bought "hundreds of millions" of dollars of foreign currency on Monday, dealers said, after the shekel…
Yields fall on Egyptian debt at Monday auction
Business

Yields fall on Egyptian debt at Monday auction

Yields on Egyptian government bonds fell at an auction on Monday, data from the central bank showed.The average yield on…
Egypt’s central bank not moving toward weakening the pound: official
Business

Egypt’s central bank not moving toward weakening the pound: official

Egypt's central bank is not moving toward devaluing the pound or floating its currency, a central bank official said in…
Egyptian pound marginally weaker on black market, steady at official auction
Business

Egyptian pound marginally weaker on black market, steady at official auction

The Egyptian pound continued to weaken on the black market on Tuesday, piling more pressure on the central bank to…
Iran to get $32 bn of unfrozen assets after sanctions end: central bank
Middle East

Iran to get $32 bn of unfrozen assets after sanctions end: central bank

Iran will receive US$32 billion of unfrozen assets after the lifting of sanctions as part of a deal with world…
Egypt aims to reduce import bill by 25 pct in 2016: c.bank governor
Business

Egypt aims to reduce import bill by 25 pct in 2016: c.bank governor

Egypt aims to reduce its import bill by 25 percent in 2016 compared to the previous year after the central…
Egypt’s current account deficit soars in first quarter
Business

Egypt’s current account deficit soars in first quarter

Egypt's current account deficit more than doubled to US$4 billion in the first quarter of its financial year as tourism…
Egypt PM says to discuss Saudi deposit in central bank with crown prince on Tues
Business

Egypt PM says to discuss Saudi deposit in central bank with crown prince on Tues

Egyptian Prime Minister Sherif Ismail said on Monday that another Saudi Arabian deposit in Egypt's central bank would be on…
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