Farouk al-Oqda

Central Bank: Economy to grow under 2 percent in 2012
Business

Central Bank: Economy to grow under 2 percent in 2012

Egypt's economic growth will slow to under two percent this year from 2.5 per cent last year because of political…
Arab Monetary Fund in $65 million loan to Egypt
Business

Arab Monetary Fund in $65 million loan to Egypt

ABU DHABI  — The Arab Monetary Fund (AMF) said on Sunday it was arranging a $65 million credit facility for Egypt…
Banking sources: Egypt to extend tenure of central bank chief
Business

Banking sources: Egypt to extend tenure of central bank chief

Egypt’s ruling Supreme Council of the Armed Forces (SCAF) is leaning toward extending the tenure of Central Bank of Egypt…
Foreign investment losses estimated at US$7.5 billion
Business

Foreign investment losses estimated at US$7.5 billion

Central Bank Governor Farouk al-Oqda has estimated the total foreign investment withdrawn from Egyptian treasury bonds and bills between 20…
Back to top button