Egypt’s central bank said Wednesday it has no intention of issuing legislation or passing a special law …
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Egypt’s central bank
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Egypt’s central bank kept on Thursday its key interest rates unchanged at a meeting of its monetary …
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Financial Institutions
Egypt’s central bank receives second disbursal $1.25 bln of IMF loan
by Yomna Yasserby Yomna YasserEgypt’s central bank (CBE) has received Tuesday the second and final disbursal of the first $4 billion …
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Financial Institutions
Egypt to issue 13 bln pounds in debt instruments on Sunday
by Yomna Yasserby Yomna YasserEgypt’s central bank will issue Sunday, on behalf of Finance Ministry, treasury bills worth around 13 billion …
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Egypt’s stock market showed little reaction Sunday to an unexpected interest rate hike taken by the country’s …
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Banks
Egypt central bank says $57 bln cash flow into banks in 8 months – paper
by Yomna Yasserby Yomna YasserCash inflows into Egypt’s banking system totalled more than $57 billion since Egypt floated its currency in …
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Banks
Egypt sees interest rate hike as temporary to control inflation: Deputy FinMin
by Yomna Yasserby Yomna YasserEgypt’s deputy finance minister for treasury said Saturday he expected higher interest rates to be temporary measure …
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Banks
Remittances from expatriate Egyptians surge 11.1% since pound float
by Yomna Yasserby Yomna YasserRemittances from Egyptian expats have risen by 11.11 percent during the period between the currency float in …
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Egypt’s central bank is not considering allowing banks to deal with bitcoins, the Central Bank of Egypt …
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Financial Institutions
IMF’s Jarvis says Egypt to lift cap on dollar deposits in months: paper
by Yomna Yasserby Yomna YasserEgypt’s central bank will remove restrictions on dollar deposits in the coming months, local newspaper Al-Borsa has …