deposits
CBE pays $7.154 bln in debts for Egypt
Business
June 2, 2023
CBE pays $7.154 bln in debts for Egypt
The Central Bank of Egypt (CBE), on behalf of the Egyptian government, paid about US$7.154 billion by the end of…
Saudi Arabia extends term of US$ 5 billion deposit for CBE
Business
November 30, 2022
Saudi Arabia extends term of US$ 5 billion deposit for CBE
Saudi Arabia extended the term of a US$ 5 billion deposit with the Central Bank of Egypt, the Saudi Press…
China crushes mass protest by bank depositors demanding their life savings back
World
July 11, 2022
China crushes mass protest by bank depositors demanding their life savings back
Hong Kong (CNN)Chinese authorities on Sunday violently dispersed a peaceful protest by hundreds of depositors, who sought in vain to…
Turkish lira dips, business group chief questions policy
Middle East
January 6, 2022
Turkish lira dips, business group chief questions policy
ISTANBUL, Jan 6 (Reuters) – Turkey’s lira slipped as much as 1.7% on Thursday, and has shed some 22% in…
Egypt’s banking sector tops Arab region in increasing deposits
Business
February 3, 2021
Egypt’s banking sector tops Arab region in increasing deposits
The Egyptian banking sector ranked first among all Arab banking sectors in increasing the volume of deposits until the end…
Egypt shuns Qatari offer to renew dollar deposits
Business
January 4, 2016
Egypt shuns Qatari offer to renew dollar deposits
Egypt has turned down a Qatari offer through intermediaries to extend the grace period for paying back bonds worth US$1…
Egypt seeks finance packages at US$6 bn
Business
October 18, 2015
Egypt seeks finance packages at US$6 bn
Egypt’s government said negotiations have intensified over the past few days to obtain US$6 million in financing packages to offset…
PM: US$6 bn in aid from Gulf States to be deposited within days
Egypt
April 1, 2015
PM: US$6 bn in aid from Gulf States to be deposited within days
Egyptian Prime Minister Ibrahim Mehleb announced that the US$6 billion in aid from the Gulf Cooperation Council (GCC) will be…
CBE Governor: Egypt’s foreign reserves rose to $18.9 bn
Business
October 23, 2013
CBE Governor: Egypt’s foreign reserves rose to $18.9 bn
Gulf assistance packages to Egypt have helped increase its foreign currency reserves to US$18.9 billion, according to Central Bank Governor…
IMF mission stays for more loan negotiations
Business
November 14, 2012
IMF mission stays for more loan negotiations
The Central Bank announced Wednesday that an International Monetary Fund delegation is staying in Cairo for several more days to…