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Banks
Egypt’s banks off on April 24 – CBE
Egypt's banks will suspend work on Thursday, April 24, on the occasion of Sinai Liberation Day.
Egypt’s net foreign assets rise for 11th consecutive month in March
Egypt’s net foreign assets (NFAs) rose for the eleventh consecutive month in March, continuing a sustained recovery…
Egypt’s reserve money M0 hits EGP 2.266t in March: CBE
Egypt’s reserve money (M0) recorded 2.266 trillion Egyptian pounds at the end of March 2025, slightly down from…
Egypt’s banks off for Easter holidays – CBE
Egypt's banks will be off on Sunday and Monday, April 20th and 21st, on the occasion of the Coptic Easter and Sham…
Fed’s Waller warns tariff shock poses major risk to US economy, complicates policy path
US Federal Reserve Governor Christopher J. Waller said on Monday the recent spike in US tariffs has created…
China’s c.bank injects RMB43b via reverse repo
The People’s Bank of China (PBC) injected liquidity into the banking system on Monday through RMB43 billion ($5.9…
Egypt’s c. bank chief rules out fixed exchange rate policy
Egyptian Central Bank Governor Hassan Abdalla ruled out the possibility of adopting a fixed exchange rate policy,…
Egypt’s Desert Research Centre, QNB Alahli partner to boost agriculture in Sinai
Egypt’s Desert Research Centre and QNB Alahli signed a cooperation protocol on Sunday to launch the Nama…
Egypt’s c.bank auctions EGP 40b in T-bills
The Central Bank of Egypt (CBE), in coordination with the Ministry of Finance, is offering 40 billion Egyptian…
Egypt’s banks waive account fees, minimum balance in April for inclusion drive
Banks across Egypt are offering free bank accounts with no minimum balance requirements through the end of April as…