Tag: The Central Bank of Egypt

CBE grants banks $104.5m to cover multinational companies’ demands to import medicine, food

Foreign exchange reserves register sixth consecutive monthly increase in March

Hossam Mounir Hossam Mounir

CBE has no right to reduce CEOs’ tenures under banking law: legal adviser

CBE Governor Tarek Amer surprised the banking sector by issuing a decree…

Hossam Mounir Hossam Mounir

Programme to transfer profits of foreign companies operating in Egypt abroad promotes confidence in economy

CBE coordinates with international institutions to export share of production, experts demand…

Mohamed Ayyad Mohamed Ayyad

CBE, international institutions begin assessing AAIB, Banque du Caire in preparation for IPO

Timing, price, and promotion are important factors for a successful launch on…

Hossam Mounir Hossam Mounir

Are CBE’s initiatives enough to develop SMEs?

Daily News Egypt speaks to experts on how to support and develop…

Hossam Mounir Hossam Mounir

CBE considers launching initiative to support micro-enterprises

Intensive meetings held with ministries, authorities responsible for financing micro-enterprises to finalise…

Hossam Mounir Hossam Mounir

Bankers expect interest rates on savings instruments in pounds to rise

The Monetary Policy Committee of the CBE decided to raise deposit and…

Hossam Mounir Hossam Mounir

CBE removes caps on foreign currency deposits, withdrawals for individuals

The central bank has issued new regulations to fund acquisitions

Hossam Mounir Hossam Mounir

CBE sells banks $500m to insure strategic imports of food commodities and medicine

The CBE conducted the sale at an exchange rate of EGP 7.73…

Hossam Mounir Hossam Mounir

CBE decides to defer tourism sector debts to banks for 3 years

CBE will create unit to contribute to restructure the debts of tourism…

Hossam Mounir Hossam Mounir