central bank
Egypt on track to receive 2nd tranche of IMF loan
Egypt
January 19, 2017
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
September 21, 2016
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
July 4, 2016
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
April 4, 2016
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
February 16, 2016
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
February 9, 2016
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
January 19, 2016
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
January 14, 2016
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
December 30, 2015
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
December 14, 2015
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…