Financial portfolios undergo restructuring amid tendency to invest in stocks of export companies: investment managers
Investment in shares is more attractive compared to fixed-income instruments despite increase…
Egyptian pound flotation is a historic decision: bank leaders
Raising interest was important to protect citizens' savings and to face expected…
Some banks raise interest on savings vessels after CBE decision, public banks to follow suit
Some banks operating in the local market have quickly raised the interest…
$1.2bn secured for importing food commodities for 6 months: CBE
Tarek Amer held a press conference on Thursday to disclose the details…
Egypt obtains pledges worth $16.3bn for financing economic reforms during FY 2016/2017
Tarek Amer said that those countries include seven leading industrial countries and…
Impact of the Egyptian pound’s flotation will be measured in the coming days: experts
The CBE announced on Thursday that it would float the Egyptian pound,…
CBE will not hold exceptional tender Thursday: Genena
The CBE's governor said foreign exchange reserves will not be used, described…
CBE instructs exchange bureaux to buy US dollars at EGP 13, sell at EGP 14.35
Exchange bureaux companies operating in the Egyptian market began on Thursday morning…
CBE poses exceptional tender for $100m
The tender will cover open currency positions in foreign currency at banks
Economic Affairs Committee to propose exchange bureaux be obliged to deposit US dollars at CBE for 5 years
There are 91 currency exchange companies, some of which own 20 branches,…
