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Desperate times, desperate measures: Egypt's Central Bank holds exceptional $1.5billion auction to support banks

Egypt) The Central Bank of Egypt (CBE) held a fourth exceptional auction on 27 January to sell ... Bank of Egypt (CBE) held a fourth exceptional auction on 27 January to sell $1.5bn of its foreign reserves in an attempt to support the banking sector, the bank said in a Monday statement. The central bank ...

27/01/2014 - 17:42 - comment 0

Long live Egypt...on donations? Central Bank establishes 'Long Live Egypt' fund

Egypt) Governor of the Central Bank Hisham Ramez announced Monday the opening of a new bank account ... Governor of the Central Bank announced the opening ... of the Central Bank Hisham Ramez announced Monday the opening of a new bank account under the number 037037, ...

25/06/2014 - 11:50 - comment 0

Egypt's Central Bank to allow foreign currency facilities for importers

Egypt's central bank will permit banks ... on the bank's credit evaluation. Egypt's central bank will permit banks ... Main headlines, Egypt) Egypt's central bank will permit banks to refinance importing ...

22/01/2013 - 12:54 - comment 0

Egypt's central bank tries to bolster tourism

The Central Bank of Egypt (CBE) has announced ... The Central Bank of Egypt (CBE) has announced an initiative to boost investment in Egypt's battered ... (BUSINESS, Main headlines, Tourism & Hospitality, Egypt) The Central Bank of Egypt (CBE) has ...

14/03/2013 - 15:17 - comment 0

Egypt's Central Bank sells banks $600 million to cover key imports

The Central Bank of Egypt (CBE) held an exceptional foreign exchange auction of $600 million on Sunday. The Central Bank of Egypt ... © Copyright Al-Ahram Publishing House (central bank egypt ...

15/04/2013 - 08:35 - comment 0

Egypt Central Bank delivers blow after blow to investors

Bank and former Central Bank of Egypt governor, told Ahram Online. Hassan added that, in the past, ... meet with banking-sector representatives to discuss the issue.  Meanwhile, Egypt's central ... of Egypt's parliament, currently endowed with legislative powers) raised taxes on bank's loan loss ...

20/05/2013 - 05:01 - comment 0

Egypt’s Central Bank keeps rates on hold

Egypt's central bank left its main overnight ... after the uprising that ousted Hosni Mubarak. Egypt's central bank left ... Finance, Economy & Trade, Main headlines, Egypt) Egypt's central bank left its main ...

23/06/2013 - 12:10 - comment 0

Egypt's economy needs crisis management" - Central Bank chief

Egypt's new central bank governor Hesham Ramez ... to ration fuel. New Central Bank of Egypt (CBE) Governor Hisham Ramez outlined his ... Economy & Trade, Featured Articles, Egypt) New Central Bank of Egypt (CBE) Governor Hisham Ramez ...

19/02/2013 - 12:22 - comment 0

Central Bank of Egypt foreign reserves increase

According to the governor of the Central Bank of Egypt ... to the governor of the Central Bank of Egypt (CBE), its foreign exchange reserves rose by $1 billion this year. ... © 2012 Al Sidra Media LLC (central bank, central bank egypt ...

31/10/2012 - 10:22 - comment 0

Egypt Central Bank to auction $800 million forex, again

and other essential imports. Egypt's central bank said on Tuesday it would ... Trade, Forex, Main headlines, Egypt) Egypt's central bank said on Tuesday it would offer $800 ... The auction will be the central bank's second ...

22/05/2013 - 13:04 - comment 0