Egyptian Central Bank | Al Bawaba

Egyptian Central Bank latest

Egypt has suffered from a shortage of dollars in the banking system to pay for crucial imports since a 2011 uprising drove away tourists and foreign investors, crucial sources of hard currency. (Shutterstock/Ververidis Vasilis)

July 4th, 2016 - 08:00 GMT

Egypt's Central Bank claims no change to debit card use abroad

ECB Governor confirms it is up to each bank to set limits on use of debit cards abroad, following earlier reports that ECB had ordered banks to ban debit card use overseas due to Egypt's foreign currency shortage.

Al Bawaba

January 26th, 2016 - 12:01 GMT

Egyptian troops in Saudi Arabia for joint military exercise

Al Bawaba

October 20th, 2015 - 10:36 GMT

Double devaluation for the Egyptian pound

Al Bawaba

August 31st, 2015 - 08:00 GMT

Largest Egyptian gas reserve discovered in the Mediterranean

Growth in Saudi Arabia’s public sector has been quite strong with loans increasing by 20.5 per cent year-to-date.

October 10th, 2013 - 12:36 GMT

Are MENA stock markets hitting the right notes?

Lagarde refused to comment on the money that Egypt received from the Gulf Cooperation Council (GCC).

September 15th, 2013 - 07:46 GMT

Egypt to IMF: Thanks, but no thanks, the Gulf's got us covered

UAE investments in Egypt had reached Dh16.4 billion (US$4.47 billion), representing 557 Emirati firms in various investments ranging from renewable energy, real estate, telecommunications, information technology, finance, industry, tourism, services, construction and agriculture.

August 7th, 2013 - 02:55 GMT

UAE remains major player in Egypt's economy despite bad times

Egypt falls to 107th place in WEF's global competitiveness index

May 27th, 2013 - 05:13 GMT

Egypt 13 steps less attractive for foreign investment

Egypt's pound hit a record low against the dollar on Tuesday

April 24th, 2013 - 08:44 GMT

Egyptian pound hits record low against the dollar

Egypt central bank

March 25th, 2013 - 01:18 GMT

Libya to deposit $2 billion in Egypt central bank

Qatar has said it will not allow Egypt to go bankrupt as the the country faces a currency crisis and a stalling economy

January 16th, 2013 - 12:08 GMT

Qatar insists it won't allow Egypt to go bankrupt

The Central Bank of Egypt is trying to stop a currency flight from the country

January 1st, 2013 - 08:00 GMT

Egypt: New currency controls to curb dollar speculation, bankers claim

Egypt is facing further turmoil as the country faces a shortage of dollars

December 27th, 2012 - 12:31 GMT

New economic crisis as Egypt hit by dollar shortage