Tag: Central Bank of Egypt

Pardon me CBE, it is none of your business

I was surprised and very distressed after reading about the resolution issued…

Hany Aboul Fotouh

Dollar deposits jump 2130% following pound devaluation: Amer

Depreciating the pound is a corrective measure in response to currency market…

Mohamed Ayyad

Economists deem plan to attract $30bn in FDI by 2030 a ‘difficult venture’

Serious institutional, administrative, and legislative reform required to raise foreign investment, entrance…

Mohamed Ayyad

CBE provides banks with $104.5m, sets US dollar price at EGP 8.78

On Tuesday, the official dollar price in banks was EGP 8.83 for…

Hossam Mounir

Fitch forecasts dollar to reach EGP 9 before year-end

Egypt could reach an IMF agreement if required by authorities, Fitch says

Daily News Egypt

Metropolitan Consulting supports CBE’s initiative for financing SMEs

Nagaty said the company’s goal behind this step is to contribute to…

Hossam Mounir

Offering United Bank for sale still pending: chairman

CBE, other parties still studying issue of sale, we have not received…

Hossam Mounir

CBE governor claims responsibility for reduction of pound’s value against dollar

In a meeting with the CBE deputy governor and various banking officials,…

Hossam Mounir

CBE’s SME funding initiative met with doubt

The initiative conflicts with other government lending initiatives because of its low…

Shaimaa Al-Aees

JP Morgan expects further EGP devaluation, IMF loan deal

The US firm expects higher interest rates

Daily News Egypt