Currency issuance rises to 444bn Egyptian pounds in January: CBE
The volume of currency issuance increased to 75 billion at the end of January 2018, reaching 444 billion pounds…
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Central Bank of Egypt
Egypt economy grows 5.3% in Q4, highest in three years: Amer
Egypt’s economy expanded 5.3 percent in the fourth quarter of 2017, its highest reading since the financial year…
Gold balance in Egypt’s foreign reserves fall to $2.73 bln in May
Egypt’s monthly gold holdings of foreign reserves fell 1.7 percent to $2.73 billion at the end of May from $2.78…
Egypt’s net foreign reserves rise to $44.14 billion at end-May
Egypt’s net foreign reserves surged to $44.139 billion at the end of May from $44.029 billion at the end of April,…
Egypt central bank delegation explores Sweden’s financial inclusion experience
An Egyptian central bank delegation on Wednesday arrived in Stockholm, aiming to get insights into regulatory,…
C.bank of Egypt unveils Ramadan working hours
Central Bank of Egypt (CBE) announced Tuesday working hours during the holy month of Ramadan will start at 9:00 am…
Egypt to settle $850 mln among IOCs dues: CBE’s governor
Egypt will pay off $850 million in arrears owed to international oil companies (IOCs) operating in the country,…
Egypt’s expats remittances rise 11.6% in February: c.bank
Remittances from Egyptian expatriates increased by 11.6 percent, recording $2 billion during February 2018,…
Egypt to reduce budget deficit by 6.2% in FY2019/20: CBE
Egypt's government is targeting to cut the budget deficit by 6.2 percent of the country’s total gross domestic…
Central Bank of Egypt likely to cut interest rates by 3.5% at year-end
Central Bank of Egypt (CBE) is expected to lower interest rates by 350 basis points (equivalent to 3.5 percent) to…