central bank
Egypt’s bonds slip as economy remains shaky
Business
October 29, 2015
Egypt’s bonds slip as economy remains shaky
Egypt's bonds have been sliding hard and fast and the cost of insuring them against default has risen to levels…
Central Bank governor promises to review foreign currency deposit restrictions
Economy
October 29, 2015
Central Bank governor promises to review foreign currency deposit restrictions
Central Bank Governor Tarek Amer, who begins his term on November 27, promised businessmen that he would review all restrictions…
Central Bank accepts foreign currency deposits of export revenues from Libya, Syria, Sudan, Palestine, Iraq and Yemen
Business
October 21, 2015
Central Bank accepts foreign currency deposits of export revenues from Libya, Syria, Sudan, Palestine, Iraq and Yemen
The Central Bank has issued instructions to all banks to accept cash deposits in foreign currency from export revenues from…
UPDATE -Egypt’s annual core, urban inflation rise in May
Business
June 10, 2015
UPDATE -Egypt’s annual core, urban inflation rise in May
Egypt's annual urban consumer inflation and core inflation both rose on Wednesday, driven in large part by rising food prices.Urban…
Central Bank Governor: Gulf deposits’ annual interest rate 2.5 percent
Egypt
April 27, 2015
Central Bank Governor: Gulf deposits’ annual interest rate 2.5 percent
Central Bank Governor Hisham Ramez said the annual interest rate which was agreed upon for the deposits of the Gulf…
Survey: Egypt central bank to hold rates after inflation pick-up
Egypt
April 20, 2015
Survey: Egypt central bank to hold rates after inflation pick-up
Egypt's central bank is expected to keep interest rates on hold on Thursday, choosing not to cut borrowing costs to…
Central Bank: Last batch of Qatar’s deposit in 2015
Business
November 21, 2014
Central Bank: Last batch of Qatar’s deposit in 2015
Central Bank Governor Hisham Ramez said that, with the last payment of Qatar’s deposit, Egypt will have payed US$6 billion…
Central Bank: Egypt’s foreign reserves rise to $16.909 bn in October
Business
November 6, 2014
Central Bank: Egypt’s foreign reserves rise to $16.909 bn in October
Egypt's foreign reserves rose to US$16.909 billion at the end of October from $16.872 billion the previous month, the central…
Central Bank source: Egypt to repay $2.5 bn Qatari deposit by end of November
Egypt
November 6, 2014
Central Bank source: Egypt to repay $2.5 bn Qatari deposit by end of November
Egypt will repay a $2.5 billion deposit to Qatar at the end of November, bringing to $6 billion the deposits…
Libya denies sparing Egypt repayment of US$2bn deposit
Egypt
September 6, 2014
Libya denies sparing Egypt repayment of US$2bn deposit
Libya's Central Bank denied on Saturday sparing Egypt the repayment of a US$2 billion deposit placed at the Central Bank…