Tag: CBE

Tarek Amer holds consultations to form CBE’s board

The head of a public bank is expected to serve as a…

Hossam Mounir

Amer’s most prominent challenge is employing liquidity in local currency at banks

Banks offered to invest EGP 252bn in CBE deposits for one day…

Hossam Mounir

Dollar officially stable at EGP 8.03, experts expect it to stay fixed until end of 2015

Parallel market confusion amid the decline of the dollar in anticipation of…

Mohamed Ayyad

CBE will discuss future of interest rate on EGP

According to analysts, MPC is highly expected to keep the major interest…

Hossam Mounir

Forex suspended in anticipation of new CBE governor’s decisions

Black market records EGP 8.30 for dollar, while banks maintain it at…

Hossam Mounir

Trade balance deficit increases by 38.8% YoY in July: CAPMAS

Egypt's trade balance continues to face a deficit, despite the state announcements…

Menna Samir

Pharos predicts faster pound depreciation following Amer’s appointment

A study by Pharos cited the newly-appointed governor’s past experiences as a…

Daily News Egypt

Imports indicative list will increase monopoly, raise prices: Sheha

Annual Egyptian imports are less than $80bn, of which luxury imports are…

Abdel Razek Al-Shuwekhi

Construction sector anticipates solutions with new CBE governor

The construction sector is anticipating the arrival of vital solutions with the…

Hossam Mounir

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