Tarek Fayed, Chairman of Banque du Caire, said on Sunday that the Central Bank of Egypt’s (CBE) …
Egypt’s foreign currency reserves
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Egypt’s net foreign reserves surged to $34.878 billion at the end of July from $34.806 billion at …
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Foreign reserves ticked up $ 38.2 mn in January to end the month at $ 40.1 bn, …
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Banks
AfDB’s $500 million loan transferred to Egypt central bank’s account
by Yomna Yasserby Yomna YasserA US$500 million loan from the African Development Bank (AfDB) was transferred Thursday evening to the Egyptian …
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Banks
Egypt’s foreign reserves rose to $16.445 billion at end-December
by Yomna Yasserby Yomna YasserEgypt’s foreign currency reserves rose by US$23 million to record US$16.445 billion dollars at the end of …
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Egypt’s foreign currency reserves inched higher by US$7 billion to record US$16.423 billion dollars at the end …
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Industry & Trade
Egypt’s GB Auto urges Govt support for industry to avert future crisis
by Yomna Yasserby Yomna YasserEgypt’s largest car assembler and distributor GB Auto (AUTO.CA) says it is pushing ahead with its expansion …
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Banks
Egypt state banks launch products to support national currency
by Yomna Yasserby Yomna YasserEgypt’s two largest state-run banks have launched savings certificates for Egyptian pounds with an interest rate of …
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Egypt’s foreign currency reserves inched up to US$16.415 billion at the end of October from $16.335 billion …