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CBE: Egypt’s annual core CPI inflation quickens to 13.1% in May
Egypt’s annual core inflation rate climbed to 13.1 per cent in May from 10.4 per cent in April, data from the…
Adani Airports secures $750m financing from global banks
Adani Enterprises announced on Wednesday that its airports unit secured $750 million in financing from a consortium…
Egyptian pound gains ground at Wednesday’s close
The Egyptian pound (EGP) strengthened against the US dollar (USD) on Wednesday, June 4 2025, according to data from…
UPDATE: Egypt’s net FX reserves surge to $48.53b in May – CBE Data
Egypt’s net foreign exchange reserves rose to $48.53 billion at the end of May, up from $48.14 billion in April,…
China’s c. bank offers 214.9b yuan off reverse repo
The People’s Bank of China (PBC) announced on Wednesday a seven-day 214.9-billion-yuan reverse repo at an interest…
URGENT: Egypt’s remittances hit all-time high of $26.4b in July–March FY2024/25
Remittances from Egyptians working abroad surged to an all-time high of $26.4 billion in the first nine months of…
Egypt’s c. bank eyes closer financial ties with China’s ICBC
Egypt’s central bank governor Hassan Abdalla met with the President of the Industrial and Commercial Bank of China…
Egypt’s c. bank issues EGP 7.5b FRN T-bonds
The Central Bank of Egypt (CBE) announced on Wednesday that it will issue new treasury bills (T-bills) worth 7.5…
Egypt’s CBE offers EGP 5b T-bonds fixed coupon
The Central Bank of Egypt (CBE) is auctioning 5 billion Egyptian pounds worth of fixed coupon treasury bonds…
Egypt’s c. bank issues EGP 70b in T-bills
The Central Bank of Egypt (CBE), in coordination with the Ministry of Finance, is offering 70 billion Egyptian…