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Business
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Economy
8/1/2013 10:52:58 PM
The Central Bank of Egypt cuts borrowing cost for first time since 2009 in attempt to lower uncertainly and heighten growth of credit to investors
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Business
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Economy
7/18/2013 4:27:39 PM
ECB receives $1 billion grant and $2 billion interest-free loan deposit pledged last week by oil-rich Gulf nation
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Business
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Economy
7/7/2013 3:15:09 PM
Gulf countries formally wary of providing funds to Morsi's Muslim Brotherhood now being tapped for aid, according to Egypt media reports
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Egypt
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Politics
7/6/2013 6:07:34 PM
Candidates are under consideration for the position of interim prime minister. Sources say the unofficial frontrunner is Hisham Ramez, current head of the Egyptian Central Bank
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Egypt
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Politics
7/4/2013 6:03:54 PM
Farouq El-Oqda, former governor of Egypt's central bank, is tapped to head up interim government during country's upcoming transitional phase
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Business
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Economy
7/3/2013 1:13:31 PM
Central Bank of Egypt instructs banks to close at 1pm this week, maintains limit on transfers of cash abroad at $100,000
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Business
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Economy
6/20/2013 8:08:09 PM
For second consecutive month, Central Bank of Egypt keeps key lending, deposit rates unchanged at 10.75, 9.75 percent respectively
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Business
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Economy
6/19/2013 4:57:16 PM
National balance of payments deficit shrinks to $2.1 billion as exports, tourism and foreign direct investment begin to bounce back, Egypts' central bank reports
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Business
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Economy
6/19/2013 4:56:10 PM
Local currency reaches LE7 to US dollar on official exchange market following forex auction at Egypt's central bank
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Business
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Economy
6/18/2013 10:19:28 PM
In advance of upcoming 30 June anti-govt rallies, Central Bank of Egypt (CBE) tells local banks to keep extra cash on hand to avoid possible currency shortages
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Business
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Economy
6/15/2013 3:09:24 PM
Egypt's government is in the late stages of verifying its economic reform programme with the International Monetary Fund before obtaining a $4.8 billion IMF loan, Central Bank governor says
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Business
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Economy
6/12/2013 4:16:41 PM
Egyptian pound sold at LE6.9813 to the dollar, weakening since Monday rate of LE6.9809, as central bank attempts to avoid currency crisis
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Business
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Economy
6/5/2013 7:56:56 PM
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Business
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Economy
5/30/2013 5:21:02 PM
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Business
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Economy
5/30/2013 1:49:20 PM
Governor of Egypt's central bank has said that he does not know about the Islamic bond programme worth $12 billion that will be issued by the government next year
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Business
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Economy
5/29/2013 1:15:33 PM
Egypt's central bank sold $38.5 million to banks in a forex auction with the cut-off price LE6.9731
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Business
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Economy
5/28/2013 3:42:25 PM
CBE Governor Ramez says he wasn't consulted on the tax increase passed by parliament and he will review it with Egypt's finance minister, leaving bankers hopeful
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Business
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Economy
5/28/2013 3:36:46 PM
Egypt central bank sold $38.4 million to banks in a foreign exchange auction with the cut-off price unchanged at LE6.972
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Business
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Economy
5/22/2013 11:13:21 AM
Egypt's central bank will hold its second exceptional forex auction on Wednesday to support commodity imports including wheat, meat and pharmaceutical components
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Business
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Economy
5/20/2013 1:52:47 PM
Auction saw cut-off price of dollar rise to LE6.972 from LE6.966 at last Wednesday's auction
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