Central Bank of Egypt (CBE)

CBE provides training to Iraq central bank employees
Business

CBE provides training to Iraq central bank employees

With the stated aim of contributing to the reform of the Iraqi banking sector, the Central Bank of Egypt (CBE)'s…
Bank official: CBE not behind Egypt pound surge against dollar
Business

Bank official: CBE not behind Egypt pound surge against dollar

The recent jump in the Egyptian pound's value against the US dollar was not caused by intervention on the part…
Trial of Central Bank embezzler postponed to 22 November
Egypt

Trial of Central Bank embezzler postponed to 22 November

The Giza Criminal Court has decided to delay once more the trial of Fadya al-Sharqawi, a former Central Bank of…
CBE: Annual inflation rate fell to 7.59% in September
Business

CBE: Annual inflation rate fell to 7.59% in September

Egypt's basic inflation rate increased by 0.22 percent in September while the annual rate fell to 7.59 percent during the…
Trial postponed for accused Central Bank embezzler
Egypt

Trial postponed for accused Central Bank embezzler

The south Giza criminal court has postponed the trial of Fadya al-Sharqawi, a Central Bank of Egypt (CBE) employee charged…
Egyptian pound falls to lowest level against dollar since 2007
Business

Egyptian pound falls to lowest level against dollar since 2007

The Egyptian pound has fallen steadily against the US dollar over the past two weeks, with analysts partly attributing the…
CBE: Egypt scores BoP surplus for 2009/10
Business

CBE: Egypt scores BoP surplus for 2009/10

Egypt's foreign balance of payments recorded a US$3.36 billion
US dollar continues to rise against Egyptian pound
Business

US dollar continues to rise against Egyptian pound

The US dollar continued to rise against the Egyptian pound, increasing by 4 piasters over the past week, and 14…
CBE: FDI, remittances, exports fall in second quarter
Business

CBE: FDI, remittances, exports fall in second quarter

Foreign investment in Egypt fell by US$806 million in the second quarter of the current financial year, dropping to US$894…
Officials: FDI down 34.8%; tourism losses exceed LE1 billion
Business

Officials: FDI down 34.8%; tourism losses exceed LE1 billion

Total foreign investment in Egypt fell to LE2.6 billion in the first half of the 2009/10 fiscal year from LE4…
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