Decline in oil prices causes $3.7bn decline in exports over 9 months: CBE
The global drop in oil prices has led to a decline in…
$5.8bn in FDI recorded over first nine months of FY 2015/2016
The CBE said in a statement on Sunday that the net inflows…
$26m increase in CBE’s foreign exchange reserves in June
The value of gold included in the reserves increased to $2.602bn in…
Balance of Payments registers $2.6bn increase in deficit over 9 months of FY 2015/16: CBE
The CBE said in a statement on its website on Sunday that…
CBE to reveal its foreign exchange reserves this week
Debt repayment to Qatar and Paris Club countries is likely to impact…
Government borrows more than EGP 1.1tn through treasury bills and bonds in FY 2015/16
Ministry of Finance reveals its intention to borrow EGP 317.5bn from banks…
Banks ignore CBE’s interest rate increase
CBE will not keep current rates and may be reversed in three…
CBE governor claims report on IMF loan was incorrect
Reuters reported on Monday that Egypt is negotiating a loan worth $5bn;…
Court suspends CBE’s decision to limit tenure of bank heads to 9 years
Tarek Amer, the CBE’s governor, issued a decision at the end of…
Banks keep ignoring CBE’s interest increase
Limited changes seen at NBE, Banque Misr, Banque Du Caire, and IDBE,…