Central Bank of Egypt
Ultras Ahlawy protest at Central Bank to demand retaliation
Egypt
March 3, 2013
Ultras Ahlawy protest at Central Bank to demand retaliation
Security forces have started negotiations with Ultras Ahlawy, who gathered at the Central Bank of Egypt in downtown Cairo to…
Central Bank governor: Foreign reserves recession could abate by March
Business
February 24, 2013
Central Bank governor: Foreign reserves recession could abate by March
The foreign cash reserve recession rate may decline by March, Central Bank of Egypt Governor Hesham Ramez said. The Central…
Local media: Morsy to set elections for May, unveil economic plan
Egypt
February 21, 2013
Local media: Morsy to set elections for May, unveil economic plan
State-owned newspaper Al-Akhbar reported Thursday that President Mohamed Morsy is likely to set the nation’s upcoming parliamentary elections for some…
Cabinet approves new law promoting reconciliation
Business
February 20, 2013
Cabinet approves new law promoting reconciliation
The Cabinet approved an amendment Wednesday allowing defense lawyers to plea bargain for clients convicted in absentia as part of…
Hussein Salem to appraise assets over possible reconciliation with Govt
Egypt
February 20, 2013
Hussein Salem to appraise assets over possible reconciliation with Govt
Companies owned by fugitive businessman Hussein Salem are appraising their assets and stocks to prepare for a possible reconciliation with…
Dollars start running out for Egypt’s currency bureaus
Business
February 17, 2013
Dollars start running out for Egypt’s currency bureaus
Egypt's currency bureaus are being overwhelmed by demand for dollars amid a supply fueled by political crisis, the head of…
Pound weakens to new record low
Business
February 13, 2013
Pound weakens to new record low
The Egyptian pound weakened to a record low against the US dollar in interbank trade and slid further still on…
Petroleum authority feels effects of credit downgrade
Business
February 13, 2013
Petroleum authority feels effects of credit downgrade
The General Petroleum Corporation will likely have trouble seeking loans following an international credit rating agency's decision to downgrade…
Central Bank governor’s car stolen, bodyguard killed
Egypt
February 13, 2013
Central Bank governor’s car stolen, bodyguard killed
After his car was stolen on the Ring Road Wednesday morning, Central Bank Governor Hisham Ramez, who was not in…
Egypt farm bank launching retail Islamic services
Business
February 12, 2013
Egypt farm bank launching retail Islamic services
Egypt's main agricultural bank is launching Islamic retail services this month to meet increasing demand in rural areas, a bank…