central bank

Egypt to issue $1.75 bln 1-year T-bill : central bank
Business

Egypt to issue $1.75 bln 1-year T-bill : central bank

Egypt will issue a $1.75 billion one-year Treasury bill, the central bank said in a statement on Thursday.The auction deadline…
Egypt’s bonds slip as economy remains shaky
Business

Egypt’s bonds slip as economy remains shaky

Egypt's bonds have been sliding hard and fast and the cost of insuring them against default has risen to levels…
Central Bank governor promises to review foreign currency deposit restrictions
Economy

Central Bank governor promises to review foreign currency deposit restrictions

Central Bank Governor Tarek Amer, who begins his term on November 27, promised businessmen that he would review all restrictions…
UPDATE -Egypt’s annual core, urban inflation rise in May
Business

UPDATE -Egypt’s annual core, urban inflation rise in May

 Egypt's annual urban consumer inflation and core inflation both rose on Wednesday, driven in large part by rising food prices.Urban…
Central Bank Governor: Gulf deposits’ annual interest rate 2.5 percent
Egypt

Central Bank Governor: Gulf deposits’ annual interest rate 2.5 percent

Central Bank Governor Hisham Ramez said the annual interest rate which was agreed upon for the deposits of the Gulf…
Survey: Egypt central bank to hold rates after inflation pick-up
Egypt

Survey: Egypt central bank to hold rates after inflation pick-up

Egypt's central bank is expected to keep interest rates on hold on Thursday, choosing not to cut borrowing costs to…
Central Bank: Last batch of Qatar’s deposit in 2015
Business

Central Bank: Last batch of Qatar’s deposit in 2015

Central Bank Governor Hisham Ramez said that, with the last payment of Qatar’s deposit, Egypt will have payed US$6 billion…
Central Bank: Egypt’s foreign reserves rise to $16.909 bn in October
Business

Central Bank: Egypt’s foreign reserves rise to $16.909 bn in October

Egypt's foreign reserves rose to US$16.909 billion at the end of October from $16.872 billion the previous month, the central…
Central Bank source: Egypt to repay $2.5 bn Qatari deposit by end of November
Egypt

Central Bank source: Egypt to repay $2.5 bn Qatari deposit by end of November

Egypt will repay a $2.5 billion deposit to Qatar at the end of November, bringing to $6 billion the deposits…
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