EGP 20.89bn in net profit in Egyptian market in June: CBE

Report shows results of different local and international operations throughout banks

Hossam Mounir

Credit cards increase to 2.575 million by end of June: CBE

16.242m debit cards issued by banks operating in Egyptian market until mid-2015 and 7,855 ATM serving customers

Hossam Mounir

Amer: CBE’s 13th governor

The Central Bank law No. 88 for 2003 provides in article 10 that the governor is appointed by a presidential decree on the nomination of the Prime Minister for a…

Hossam Mounir

New CBE governor must balance between inflation, exchange rate, interest rates: Expert

The Egyptian pound will not rise because of a new governor, says Abdel Aal

Hossam Mounir

$50m loan from AFDB to finance Egypt’s share in joint Egyptian-Emirati company

The AFDB will give a loan of around $50m to the New and Renewable Energy Authority (NREA) for the project.

Salah Al-Menoufy

Low-ranking officer shot dead in Beni Suef

Incident is latest in series of militant attacks targeting police officers

Daily News Egypt

Will Amer change Ramez’s monetary policy and exchange market management?

Analysts expect the new governor to amend some of Ramez's decisions

Daily News Egypt

Ramez decisions until 26 November are legally sound: Riyad

According to Rokaya Riyad, Chief Legal Sector of the Federation of Egyptian Banks (FEB), all the decisions and actions Ramez will take until his tenure expires on 26 November will…

Hossam Mounir

Banking sector speculates over Ramez’s next step after CBE resignation

Ramez will head the AIB instead of Gamal Negm who will supposedly retire, according to sources

Hossam Mounir

Lessons in popularity from Russia’s Putin

President Putin could write a handbook on "popularity for dummies," as his ratings continue to rise. In Moscow, Fiona Clark looks at how he's using textbook moves to win the…

Deutsche Welle