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Advice from a former central bank governor
A lot of economy + finance talk on the airwaves last night: The challenges facing newly-appointed Central Bank of Egypt…
CBE lifts restrictions on cash deposits + raises ceiling on withdrawals
You can now deposit + withdraw more cash from your bank account: The Central Bank of Egypt (CBE) has raised…
THIS MORNING: Abdalla to “go faster” on EGP adjustment + Is the IMF going easy on us?
Good morning, friends, and welcome to a very busy Sunday. It’s largely good news to start the week, with lots…
Import restrictions + privatization were the topics du jour on the airwaves
It was an econ-finance heavy night on the airwaves yesterday: Rumors that the Central Bank of Egypt could be about…
CBE governor Hassan Abdalla appoints banking veterans Hisham Ezz Al Arab + Mohamed Naguib as advisors
Hisham Ezz Al Arab, Mohamed Naguib are advising the new CBE governor: Central Bank of Egypt (CBE) Acting Governor Hassan…
Is the central bank about to ease import restrictions?
Meetings held yesterday by Central Bank Governor Hassan Abdalla and key cabinet members have stoked expectations in some corners that…
THIS EVENING: CBE’s Hassan Abdalla meets with trade minister + senior bankers. Plus: There’s a whole lot of energy chatter in the international press
Good afternoon, wonderful people, and happy almost-THURSDAY. There are some interesting developments happening here in Omm El Donia that we’re…
Remittances hit all-time high in FY2021-2022, driven by high oil prices and CDs
Remittances hit a record high for the second year running in FY 2021-2022, rising 1.6% y-o-y to USD 31.9 bn,…
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