Egyptian Central Bank
Egypt raises interest rates by 100 basis points, to highest level in years
Business
June 17, 2016
Egypt raises interest rates by 100 basis points, to highest level in years
Egypt's central bank raised its key interest rates by 100 basis points on Thursday to their highest levels in years,…
Egyptian central bank says met half foreign investors’ dollar backlog
Business
June 9, 2015
Egyptian central bank says met half foreign investors’ dollar backlog
Egypt's central bank said on Tuesday it had covered 50 percent of a backlog of dollars owed to foreign investors.Difficulty…
Egyptian central bank seen keeping rates steady
Business
February 25, 2015
Egyptian central bank seen keeping rates steady
Egypt's central bank is expected to leave interest rates unchanged at a monetary policy meeting on Thursday in order to…
Foreign direct investment falls by 75%
Business
July 27, 2011
Foreign direct investment falls by 75%
Foreign direct investment fell by 75.1 percent in the first quarter of 2011 compared to the last quarter of 2010,…
Egypt drops cash cover requirement on sugar import
Business
December 19, 2010
Egypt drops cash cover requirement on sugar import
Egypt's central bank said on Saturday it was exempting banks from a 50 percent cash cover requirement on sugar imports…