Tag Archives: hisham ramez

Egypt has repaid $700m to Paris Club: CBE

Egypt has repaid $700m to Paris Club: CBE

Central Bank of Egypt Governor Hisham Ramez ( AFP - Photo)

Central Bank of Egypt (CBE) Chairman Hisham Ramez.
(AFP Photo)

Egypt has paid a US $700 mn installment to the Paris Club, according to a statement on 2 January by Central Bank of Egypt (CBE) Chairman Hisham Ramez.

“A total …

Central Bank chief: Currency black market won’t last long

Central Bank chief: Currency black market won’t last long

Central Bank Governor Hisham Ramez  (AFP File Photo)

Central Bank Governor Hisham Ramez
(AFP File Photo)

Reuters – Egypt’s central bank governor said the black market for the Egyptian pound would “not last long” on Wednesday, as two market sources said the currency had weakened against the dollar …

IMF reaffirms support for Egypt amid criticism from CBE governor

IMF reaffirms support for Egypt amid criticism from CBE governor

Former Egyptian Prime Minister Hisham Qandil (L) shakes hands with International Monetary Fund (IMF) chief Christine Lagarde on August 22, 2012, (AFP File Photo)

Former Egyptian Prime Minister Hisham Qandil (L) shakes hands with International Monetary Fund (IMF) chief Christine Lagarde on August 22, 2012,
(AFP File Photo)

Tough comments made last Wednesday towards the International Monetary Fund (IMF) by Central Bank governor Hisham …

Investment projects worth $4bn on table for Arab investors: Minister of Planning

Investment projects worth $4bn on table for Arab investors: Minister of Planning

Egypt's cash-strapped government aims to cater to the interests of Arab investors through a number of projects

Egypt’s cash-strapped government aims to cater to the interests of Arab investors through a number of projects (Al-Borsa Daily) 

By Muhammad Ayad

 

The government will soon make available investment projects worth upwards of $4bn to Arab investors in an …

UAE’s $3bn in aid arrives to Egypt

UAE’s $3bn in aid arrives to Egypt

A handout picture released by the Egyptian Presidency shows Egypt's interim president Adly Mansour (R) meets with UAE National Security Chief Sheikh Hazza bin Zayed al-Nahyan on July 9, 2013 in the Egyptian capital Cairo.  (AFP Photo)

A handout picture released by the Egyptian Presidency shows Egypt’s interim president Adly Mansour (R) meets with UAE National Security Chief Sheikh Hazza bin Zayed al-Nahyan on July 9, 2013 in the Egyptian capital Cairo.
(AFP Photo)

The Central Bank …