Farouk al-Oqda

Morsy appoints new Central Bank governor
Egypt

Morsy appoints new Central Bank governor

Hesham Ramez, the CEO of the Commercial International Bank, has been appointed as the new governor of the Central Bank…
New constitution may remove veteran Central Bank governor
Business

New constitution may remove veteran Central Bank governor

Several senior positions at monitoring and independent bodies will become vacant if the referendum approval of the new constitution is…
Is the Central Bank’s independence on the line?
Business

Is the Central Bank’s independence on the line?

The Central Bank of Egypt has been making headlines recently, not least of which due to the dire state of…
Central Bank governor denies resignation
Egypt

Central Bank governor denies resignation

Central Bank of Egypt Governor Farouk al-Oqda denied on Sunday that he had submitted his resignation, and said he is…
CBE deputy chief denies reports of governor’s resignation
Egypt

CBE deputy chief denies reports of governor’s resignation

Central Bank of Egypt Deputy Governor Nedal al-Asar has denied reports that CBE Governor Farouk al-Oqda submitted his resignation to…
Imminent decree to give Morsy more power over Central Bank
Business

Imminent decree to give Morsy more power over Central Bank

President Mohamed Morsy will issue a decree within days that would give him more power over Egypt’s Central Bank, according…
Central Bank denies governor’s referral to Illicit Gains Authority
Egypt

Central Bank denies governor’s referral to Illicit Gains Authority

The Central Bank denied on Tuesday a report that Central Bank Governor Farouk al-Oqda had been referred to the Illicit…
IMF did not ask for devaluation of the Egyptian pound, says official
Egypt

IMF did not ask for devaluation of the Egyptian pound, says official

  Central Bank of Egypt governor Farouk al-Oqda said that the Egyptian economy is getting better and that, contrary to…
In debate over devaluating the pound, officials avoid sparking panic
Business

In debate over devaluating the pound, officials avoid sparking panic

In the past year, Egypt has been dealt a series of crippling economic blows, but the Egyptian pound has not…
Presidential source: SCAF wants to keep four ministries in Qandil cabinet
Egypt

Presidential source: SCAF wants to keep four ministries in Qandil cabinet

Newly-appointed Prime Minister Hesham Qandil meets Saturday with President Mohamed Morsy to discuss the candidates for ministerial portfolios in his…
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