NBE closes Egypt’s largest securitized bond offering for NUCA
The National Bank of Egypt (NBE), the country's biggest state lender, has succeeded in closing Egypt's largest…
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Egypt’s Parliment passes long awaited new Banking and Central Bank Act
The House of Representatives approved the new banking law that gives the CBE more independence and allows it to set…
CBE orders banks to clarify measures to unblock assets frozen due to tax disputes
The Central Bank of Egypt (CBE) issues circular to banks to clarify measures to unblock assets frozen due to tax…
Foreign investments in Egyptian T-bills register $7.016B in May
Foreign investments in treasury bills (T-bills) declined to $7.016 billion at the end of May 2020, compared to $7.4…
Egypt’s domestic liquidity hits EGP 4.35trn by April end
Egypt’s domestic liquidity grew by 12.7 percent recording 4.489 billion Egyptian pounds from July 2019 to the end…
Int’l institutions pumped $3B new investments into Egypt within a month
The global investment funds and international institutions pumped new investments worth $3 billion into the…
Egypt’s annual core inflation declines to 1% in June: CBE
The annual core inflation rate reached 1 percent in June, down from 1.5 percent in May last year, the Central Bank…
CBE introduces new amendments on tourism workers support initiative
The Central Bank of Egypt (CBE) amends to its recently-launched tourism support initiative which provide aid to the…
Egypt’s central bank keeps key interest rates on hold
The Central Bank of Egypt (CBE) kept its main interest rates steady on Thursday, despite a decline in inflation in…
Banks are obliged to notify customers when removed from blacklists: CBE
The Central Bank of Egypt (CBE) has issued new instructions, requiring banks to notify their customers when…