Saudi deposit arrives to the Central Bank of Egypt
In a sign of support to Egypt's economy, which continues to reel…
UAE delegation visits Egypt in days to discuss aid terms
An Egyptian delegation from the Ministry of Petroleum and Mineral Resources presented…
UAE’s $3bn in aid arrives to Egypt
Central Bank Governor Hisham Ramez said that $2bn of Saudi Arabia’s $5bn…
Annual inflation soars to 9.8% in June
Financial experts predict inflation levels to further accelerate in the coming months…
Central Bank head in Abu Dhabi in search of financial aid
The visit follows a statement detailing a drop in the country’s capital…
Banks close early ahead of ultimatum
The Central Bank of Egypt orders banks to close early before army’s…
New Central Bank Regulation to hit local money markets
CBE tightens limits on tier 1 capital in money markets; Beltone to…
Central Bank receives $3bn Qatari deposit for bonds
Bonds to mature in three years with 3.5% interest rate
Central Bank: No Qatari aid received yet
Libya has also promised to grant Egypt $2bn around the same time.