Tag: Central Bank of Egypt

Kuwait extends Egypt’s time frame to repay $2bn deposit to five years

This decision will help Central Bank of Egypt to take long term…

Daily News Egypt

Foreign reserves decline to $18.7bn

$200m drop between August and September

Sara Aggour

Net foreign reserves surge to $18.91bn

Around $34m increase between July and August 2013

Sara Aggour

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…

Nada Badawi

Why Egypt’s pound is not strengthening

By Farah Halime, Rebel Economy Take a look at this chart, which…

Daily News Egypt

Investment projects worth $4bn on table for Arab investors: Minister of Planning

By Muhammad Ayad   The government will soon make available investment projects…

Daily News Egypt

Banks resume working amid unrest

Banks returned to working normally starting Sunday for only three hours a…

Daily News Egypt

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…

Daily News Egypt

Central bank reduces its interest rates by 50 basis points

According to a statement on the bank’s website, the discount and repurchasing…

Nada Badawi

IMF waiting for the “right time” for loan negotiations

The global lender said all discussions are being held with the technical…

Nada Badawi