Central Bank of Egypt (CBE)
Central bank: Egypt to issue $1.1 bln, 1-year T-bill on Tuesday
Business
December 14, 2014
Central bank: Egypt to issue $1.1 bln, 1-year T-bill on Tuesday
Egypt's central bank said on Sunday it would offer a $1.1 billion one-year treasury bill to local banks and foreign…
CBE prohibits converting Arab currencies to dollars
Egypt
December 11, 2014
CBE prohibits converting Arab currencies to dollars
The central bank of Egypt (CBE) issued instructions to banks to stop converting Arab currencies into dollars as it had…
Egypt repays Qatar’s deposit Friday
Business
November 27, 2014
Egypt repays Qatar’s deposit Friday
Egypt will pay Qatar back a US$2.5 billion the oil-rich kingdom had deposited at the Central Bank of Egypt under…
Egypt central bank seen keeping rates on hold amid nascent recovery
Business
November 26, 2014
Egypt central bank seen keeping rates on hold amid nascent recovery
Egypt's central bank is expected to keep interest rates on hold on Thursday as inflationary pressure continues to ease and…
Egypt central bank seen keeping rates on hold as inflation eases
Business
October 15, 2014
Egypt central bank seen keeping rates on hold as inflation eases
Egypt's central bank is expected to keep interest rates on hold on Thursday as inflationary pressure begins to ease after…
Maximum wage to be applied by end of July
Business
July 11, 2014
Maximum wage to be applied by end of July
The maximum wage, set at LE42,000 per month, is scheduled to come into effect by the end of July. The law…
Central Bank: Egypt foreign reserves rise 0.43% to reach $17.45 bn
Business
May 7, 2014
Central Bank: Egypt foreign reserves rise 0.43% to reach $17.45 bn
Egypt's net international reserves rose by 0.43 percent to reach $17.489 billion by the end of April, the Central Bank…
Hermes: Egypt Central Bank Likely to Remain on Hold Interest Rate
Business
February 26, 2014
Hermes: Egypt Central Bank Likely to Remain on Hold Interest Rate
Hermes said in a report on Tuesday Egypt’s Urban consumer price headline inflation decelerated to 11.4 percent Yo-Y in January…
Egypt debts in highest record in country’s history by 2013 end
Business
February 12, 2014
Egypt debts in highest record in country’s history by 2013 end
Egyptian debt has reached a new high record of LE1,865 billion at the end of December 2013, up from LE1,709…