Tag: Central Bank of Egypt

Banking expert warns against further EGP devaluation, unless CBE is prepared

The CBE should have enough dollar liquidity to control the market, otherwise…

Hossam Mounir

Analysts expect further EGP devaluation against dollar

Analysts cannot predict the timing and percentage of devaluation

Hossam Mounir

CBE assigns $120m for importation of food commodities before Ramadan

This move comes within the framework of the bank's readiness to meet…

Hossam Mounir

Islamic banks face challenges associated with managing liquidity: CBE deputy governor

Negm added that the government reissuing bonds when they are due will…

Hossam Mounir

Banks must comply with new controls for foreign exchange deposits: CBE

CBE said in a statement on Monday that it had monitored some…

Hossam Mounir

CBE has not received new deposits from Saudi Arabia’s MOU with Egypt as of Saturday: CBE deputy governor

Quality of performance is a requirement for extending working period, says Negm

Hossam Mounir

Sawiris and Tarek Amer fight: flashback to previous battles with the state?

Businessman Naguib Sawiris insists that Tarek Amer used his position to prevent…

Doaa Farid

CBE closes 5 exchange companies for committing violations: deputy governor

Negm said the closure of money exchange companies and revoking their licenses…

Hossam Mounir

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