Central Bank of Egypt sells $1.3bn in its first exceptional auction
CBE set to hold an exceptional dollar auction of $1.3bn on Wednesday…
Why Egypt’s pound is not strengthening
By Farah Halime, Rebel Economy Take a look at this chart, which…
Investment projects worth $4bn on table for Arab investors: Minister of Planning
By Muhammad Ayad The government will soon make available investment projects…
Banks resume working amid unrest
Banks returned to working normally starting Sunday for only three hours a…
Gulf funds push foreign reserves to highest levels since November 2011
Egypt's net reserves reached $18.9bn in July, up $4bn from the month…
Central bank reduces its interest rates by 50 basis points
According to a statement on the bank’s website, the discount and repurchasing…
IMF waiting for the “right time” for loan negotiations
The global lender said all discussions are being held with the technical…
Egypt’s budget deficit to decline in 2013/2014 fiscal year
The total revenue of the fiscal year 2013/2014 will reach EGP 505.5bn…
UAE’s $3bn in aid arrives to Egypt
Central Bank Governor Hisham Ramez said that $2bn of Saudi Arabia’s $5bn…