Central Bank of Egypt (CBE)
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…
Central Bank: foreign reserves record a slight 5-month high
Business
February 6, 2014
Central Bank: foreign reserves record a slight 5-month high
Egypt's foreign reserves recorded a slight rise for the first time in five months, the Central Bank of Egypt said…
Petroleum minister denies crisis over repayment of debts
Business
October 22, 2013
Petroleum minister denies crisis over repayment of debts
Minister of Petroleum and Mineral Resources Sherif Ismail denied in a press statement on Tuesday that international oil companies operating in…
Interim president appoints deputy governor of Central Bank of Egypt
Business
October 5, 2013
Interim president appoints deputy governor of Central Bank of Egypt
Interim President Adly Mansour issued a presidential decree appointing Nedal al-Qassem Mohamed Assr as deputy governor of the Central Bank…
Foreign reserves decline by US$207 million by end of September
Business
October 3, 2013
Foreign reserves decline by US$207 million by end of September
Egypt’s foreign reserves declined by US$207 million by the end of September, reaching $18.7 billion, the Central Bank of Egypt…
Egypt could turn $5.4-billion petroleum debts into bonds
Business
August 12, 2013
Egypt could turn $5.4-billion petroleum debts into bonds
The Egyptian General Petroleum Corporation (EGPC) is looking into proposals that would convert debt owed to foreign oil companies operating…
Stock exchange rises on LE5.7 billion
Egypt
August 4, 2013
Stock exchange rises on LE5.7 billion
Stock exchange indices rose considerably on Sunday, supported by liquidity injected by the sale of Orascom Construction Industries and a…
CBE: Annual inflation increases to 8.56 percent in June
Business
July 10, 2013
CBE: Annual inflation increases to 8.56 percent in June
Annual inflation has increased to 8.56 percent, the Central Bank of Egypt (CBE) said on Wednesday. The inflation index…
Egypt pound strengthens at central bank currency sale
Business
July 8, 2013
Egypt pound strengthens at central bank currency sale
The Egyptian pound strengthened at a central bank sale of foreign exchange on Monday, hours after violence broke out between…