Tareq Amer
Foreign currency records its highest level since 2011
Business
April 3, 2017
Foreign currency records its highest level since 2011
The balance of foreign currency reserves recorded its highest level since March 2011 reaching about US$28.5 billion, while the volume…
Central bank removes dollar deposits cap for companies
Business
March 9, 2016
Central bank removes dollar deposits cap for companies
The Central Bank of Egypt (CBE) has removed a limit it imposed in February 2015 on foreign currency deposits and…
Central Bank chief dismisses reports of investor exit as ‘malicious’
Business
February 20, 2016
Central Bank chief dismisses reports of investor exit as ‘malicious’
Central Bank Governor Tareq Amer has assured Egyptians of the resilience of the country’s economy, dismissing reports about investors leaving…
New Egyptian-Sudanese bank to be founded in Egypt
Egypt
May 26, 2011
New Egyptian-Sudanese bank to be founded in Egypt
The National Bank of Egypt reached an agreement with Sudan to establish an Egyptian-Sudanese bank with US$50 million in capital,…