Central Bank of Egypt (CBE)

Yields on Egypt’s 3-year, 7-year treasury bonds drop at auction
Business

Yields on Egypt’s 3-year, 7-year treasury bonds drop at auction

Yields on Egypt's 3-year and 7-year bonds fell at an auction on Sunday, data from the central bank showed. The yield…
Egyptian pound steady at forex sale, weaker on black market
Business

Egyptian pound steady at forex sale, weaker on black market

Egypt's central bank kept the pound steady against the dollar at its official foreign currency auction on Thursday, but the…
Egypt receives $1.6 bn loan from China in budget support: source
Business

Egypt receives $1.6 bn loan from China in budget support: source

The Central Bank of Egypt will receive a US$1.5 billion loan from China during a visit by China’s President Xi…
Banque Misr chief hails CBE’s small-projects program
Business

Banque Misr chief hails CBE’s small-projects program

Banque Misr's president lauded a program launched by the the Central Bank of Egypt (CBE) on Sunday that seeks to…
International reserve at US$16,455 in December: CBE
Business

International reserve at US$16,455 in December: CBE

Egypt’s net international reserves stood at US$16,455 in December, the Central Bank of Egypt said on Tuesday. The current reserve is…
Sisi suggests expatriates donate US dollars to offset falling reserve: adviser
Egypt

Sisi suggests expatriates donate US dollars to offset falling reserve: adviser

President Abdel Fattah al-Sisi has suggested that Egyptian expatriates make a financial contribution to help their country cope with eroding foreign…
Egypt’s fight against currency black market a double-edged weapon
Business

Egypt’s fight against currency black market a double-edged weapon

Egypt’s efforts to combat illegal currency exchanges, besides succeeding largely in curtailing the shadowy dollar trade, has negatively impacted businesses…
Former EGX chief: CBE policies could yield negative results
Business

Former EGX chief: CBE policies could yield negative results

A former head of Egypt’s stock market has warned that measures by the Central Bank of Egypt to control the…
Banks move toward legislation changes designed to boost investment
Business

Banks move toward legislation changes designed to boost investment

Banks in Egypt are in the process of formulating their views regarding the amendments needed for the Law 88\2003, senior…
Steel factories may halt operations over dollar shortage
Business

Steel factories may halt operations over dollar shortage

Several steel manufacturers have revealed that they might stop their productions within the next few days, citing bank’s inability to…
Back to top button