Hesham Ramez
Egypt’s CIB appoints former central bank governor Ramez as managing director
Business
February 28, 2016
Egypt’s CIB appoints former central bank governor Ramez as managing director
Commercial International Bank (CIB), Egypt's largest listed company, said on Sunday it had appointed former central bank governor Hisham Ramez…
Can Egypt’s new central bank chief calm currency crisis?
Egypt
October 23, 2015
Can Egypt’s new central bank chief calm currency crisis?
When Egyptian central bank governor Hesham Ramez quit, phones began ringing as bankers congratulated each other on the departure of…
CBE governor: Law bans Egyptian public sector companies from dealing in US dollars
Egypt
June 11, 2015
CBE governor: Law bans Egyptian public sector companies from dealing in US dollars
Governor of the Central Bank, Hesham Ramez stressed that the law completely prohibits the Egyptian public sector companies from dealing…
Steel factories may halt operations over dollar shortage
Business
February 19, 2015
Steel factories may halt operations over dollar shortage
Several steel manufacturers have revealed that they might stop their productions within the next few days, citing bank’s inability to…
Banking expert criticizes CBE policy toward US dollar
Business
January 28, 2015
Banking expert criticizes CBE policy toward US dollar
Banking expert Passant Fahmy criticized previous televised remarks by Central Bank Governor Hisham Ramez in which he said he would…
Egypt repays Qatar’s deposit Friday
Business
November 27, 2014
Egypt repays Qatar’s deposit Friday
Egypt will pay Qatar back a US$2.5 billion the oil-rich kingdom had deposited at the Central Bank of Egypt under…
CBE governor says US$3 billion paid to Qatar in December
Business
April 2, 2014
CBE governor says US$3 billion paid to Qatar in December
Central Bank of Egypt (CBE) Governor Hesham Ramez said that Egypt has not been late in paying for dues of…
Egypt’s foreign exchange reserves rises to US$17.3 bn
Business
March 4, 2014
Egypt’s foreign exchange reserves rises to US$17.3 bn
Egypt's foreign exchange reserves rose up to US$17.3 billion by the end of February, compared to $17.105 billion at the…
Egypt returns $2 bln to Qatar after talks to securitize it fail
Business
September 19, 2013
Egypt returns $2 bln to Qatar after talks to securitize it fail
Egypt has returned to Qatar US$2 billion that the Gulf state had deposited with Egypt’s central bank, after negotiations to…
Foreign reserves drop to US$14.9 bn at end of June
Egypt
July 7, 2013
Foreign reserves drop to US$14.9 bn at end of June
International currency reserves dropped from US$16,039 billion at the end of May to US$14,921 billion at the end of June,…