Central Bank of Egypt (CBE)
Egypt central bank seen keeping rates on hold amid nascent recovery
Business
November 26, 2014
Egypt central bank seen keeping rates on hold amid nascent recovery
Egypt's central bank is expected to keep interest rates on hold on Thursday as inflationary pressure continues to ease and…
Egypt central bank seen keeping rates on hold as inflation eases
Business
October 15, 2014
Egypt central bank seen keeping rates on hold as inflation eases
Egypt's central bank is expected to keep interest rates on hold on Thursday as inflationary pressure begins to ease after…
Maximum wage to be applied by end of July
Business
July 11, 2014
Maximum wage to be applied by end of July
The maximum wage, set at LE42,000 per month, is scheduled to come into effect by the end of July. The law…
Central Bank: Egypt foreign reserves rise 0.43% to reach $17.45 bn
Business
May 7, 2014
Central Bank: Egypt foreign reserves rise 0.43% to reach $17.45 bn
Egypt's net international reserves rose by 0.43 percent to reach $17.489 billion by the end of April, the Central Bank…
Hermes: Egypt Central Bank Likely to Remain on Hold Interest Rate
Business
February 26, 2014
Hermes: Egypt Central Bank Likely to Remain on Hold Interest Rate
Hermes said in a report on Tuesday Egypt’s Urban consumer price headline inflation decelerated to 11.4 percent Yo-Y in January…
Egypt debts in highest record in country’s history by 2013 end
Business
February 12, 2014
Egypt debts in highest record in country’s history by 2013 end
Egyptian debt has reached a new high record of LE1,865 billion at the end of December 2013, up from LE1,709…
Central Bank: foreign reserves record a slight 5-month high
Business
February 6, 2014
Central Bank: foreign reserves record a slight 5-month high
Egypt's foreign reserves recorded a slight rise for the first time in five months, the Central Bank of Egypt said…
Petroleum minister denies crisis over repayment of debts
Business
October 22, 2013
Petroleum minister denies crisis over repayment of debts
Minister of Petroleum and Mineral Resources Sherif Ismail denied in a press statement on Tuesday that international oil companies operating in…
Interim president appoints deputy governor of Central Bank of Egypt
Business
October 5, 2013
Interim president appoints deputy governor of Central Bank of Egypt
Interim President Adly Mansour issued a presidential decree appointing Nedal al-Qassem Mohamed Assr as deputy governor of the Central Bank…