CBE secures government needs of euros through €600m treasury bills tender
The CBE received 35 offers to cover the tender totalling €786.9m, and…
Parliamentary committees approve PBDAC Act, transfer of its ownership to the CBE
We are awaiting the final vote; this move would restore the bank's…
Total value of banknotes issued increases by EGP 10bn in May: CBE
Banknote issuance recorded its highest level to GDP since June 2015
Banks to finish classifying SMEs, microenterprises to be financed by end of August: I-Score head
Nile Rating Company, specialised in SMEs, has merged in I- Score, said…
The United Bank to be sold late 2016, early 2017: chairperson
The CBE received requests from a large number of international institutions to…
Egypt to repay international bonds worth $3bn in December 2016: Finance Ministry
Egypt has other bonds worth $3.5bn that will be repaid in the…
Panic dominates after punishment toughened on currency traders
Employees in exchange companies in the informal market express concern, outrage over…
Would drop in reserves delay floating of EGP despite IMF report?
The timing of this move is in the hands of the CBE…
Would shutting down exchange companies solve the US dollar crisis?
Opponents to the proposal point to the companies’ role in securing hard…
Exchange companies to hold expanded meeting, discuss repercussions of official and popular escalation against them
We are ready to close immediately if this would solve the US…