#central bank governor
Three billion Egyptian pounds were raised on the first day of selling Suez Canal investment certificates to the public, Central Bank of Egypt (CBE) Governor Hisham Ramez said on Thursday. The four assigned banks began selling five-year Suez Canal investment certificates and raised a total of EGP 3 billion (USD 419.5 million) in the first working day. The investment certificates issued are offered in three classifications: EGP 10, EGP 100, and EGP 1000. “Revenues from the 10 EGP and 100…