Central Bank of Egypt

Ultras Ahlawy protest at Central Bank to demand retaliation
Egypt

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

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

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

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

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

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

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

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

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

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…
Back to top button