Browsing Category
Banks
URGENT: Egypt’s remittances rise 44% y/y in April – CBE
Remittances from Egyptians working abroad rose 44.0 per cent year-on-year to $4.3 billion in April from $3.0…
Banks in Egypt to close on 18 June for Islamic New Year holiday
Egypt's central bank said on Thursday that all banks operating in the country will be closed on 18 June for the…
Egypt to use $420 mln Gabal El-Zeit wind farm deal proceeds to reduce debt: PM
Egypt will use proceeds of about $420 million from a deal involving the Gabal El-Zeit wind power station to help…
Egypt’s annual core CPI inflation unchanged at 13.8% – CBE
Egypt's annual urban headline CPI inflation eased to 14.6 per cent in May 2026 from 14.9 per cent in April,…
Standard Chartered sees Egypt’s pound at 49 per dollar by end-2026
Standard Chartered expects Egypt's pound to strengthen against the US dollar by the end of the year, supported by…
Egypt’s gold reserves hit $18.776 bln in May: CBE
Egypt’s gold reserves fell to $18.776 billion in May, down from $19.201 billion in April, central bank data showed…
URGENT: Egypt’s net FX reserves rise to $53.134 bln in May – CBE
Egypt’s net foreign exchange reserves rose to $53.134 billion at the end of May, up from $53.009 billion in April,…
Egypt showcases investment opportunities, reform progress at BEBA UK mission
Egypt highlighted this week investment opportunities and progress in economic reforms at the "Egypt Future:…
Egypt’s FinMin promotes “one region” model for Arab economic integration at London event
Egypt’s Finance Minister Ahmed Kouchouk on Thursday called for stronger economic integration across the Middle East…
Egypt’s central bank deputy governor reaffirms FX stability stance in London investor…
Egypt’s central bank is focused on maintaining exchange-rate stability and strengthening investor confidence,…