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Business
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Economy
2/6/2013 5:46:39 PM
Restrictions on foreign currency transfers will be raised for Egyptian expatriates
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Business
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Economy
1/31/2013 7:27:19 PM
CBE says it provided fleeing investors with almost $13 bn in wake of 2011 revolution, attributes eroding foreign currency reserves to petroleum, food imports
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Business
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Economy
1/22/2013 12:44:07 PM
Central Bank of Egypt says it is allowing banks to temporarily provide clients with facilities in foreign currency for import operations
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Business
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Economy
1/20/2013 11:57:19 AM
Egypt Central Bank offers $75 million in its latest auction on Sunday
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Business
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Economy
1/17/2013 12:30:08 PM
In its 11th auction, the Central Bank offers $75 million to local banks
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Business
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Economy
1/11/2013 12:30:00 PM
Former deputy central banker Hisham Ramez is appointed new head of CBE, replacing longtime bank governor Farouq El-Okdah; Latter insists his departure not linked to currency devaluations
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Business
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Economy
1/10/2013 3:39:34 PM
Local currency slides to LE6.5099 against the US dollar on Thursday following an auction at Egypt's Central Bank
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Business
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Economy
1/9/2013 3:58:40 PM
Following $2.5 billion aid injection from Qatar, Central Bank of Egypt reduces amount of dollars offered for sale in Wednesday auction to $50 million
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Business
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Economy
1/2/2013 1:07:45 PM
After Egypt's Central Bank announced regular currency auctions to curb demand on the US dollar, the Egyptian pound settles during currency trading operations Tuesday
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Business
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Economy
12/31/2012 11:59:10 AM
Egyptian Central Bank announces its second US dollar auction to the local banks in its quest to conserve the country's foreign reserves
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Business
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Economy
12/30/2012 11:02:57 AM
Egypt's Central Bank places a $30,000 daily foreign-currency withdrawal cap on corporates, charges extra fees on currency exchange for individuals
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Business
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Economy
12/29/2012 6:54:48 PM
Egypt's Central Bank announced Saturday it would implement currency auctions as reserves reach critical levels
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Business
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Economy
12/27/2012 1:48:32 PM
Ongoing rumours about a devaluation of the pound and future economic turbulence lead to brisk trade at banks as Egyptians withdraw and convert deposits
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Business
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Economy
12/23/2012 3:44:14 PM
Farouq El-Oqda, who has led Egypt's Central Bank for almost nine years, denies resignation reports Sunday
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Business
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Economy
12/22/2012 8:13:56 PM
While Egypt's state television reported the resignation of Egypt Central Bank's governor Farouq El-Oqda, the cabinet denies the news
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Business
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Economy
12/17/2012 4:27:59 PM
Farouq El-Oqda, who has led Egypt's central bank for nine years, will reportedly resign from his post for health reasons, bank source tells Ahram Online
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Business
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Economy
12/11/2012 4:43:25 PM
Morsi's modifications to laws governing the central bank will reduce the number of board members and omit the right of Egypt's cabinet to suggest names for the bank's top post
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Business
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Economy
12/7/2012 4:10:36 PM
Foreign reserves fell to $15.035 billion in November 2012, Egypt's central bank says
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Business
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Economy
11/24/2012 7:20:49 PM
Egypt's gross deficit reached LE69.9 billion ($11.4 billion) in the third quarter this year, with external debt dipping slightly, according to new figures
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Business
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Economy
11/11/2012 9:06:00 PM
The second tranche of a $2 billion deposit promised by Qatar was transferred to Egypt last month, according to the finance minister
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