Money Egypt to gradually repeal letters of credit system for imports Yomna Yasser Oct 27, 2022 0 The Central Bank of Egypt (CBE) announced on Thursday that it would begin the process of gradually repealing the…
Money BREAKING: Egypt’s central bank liberalises pound currency Yomna Yasser Oct 27, 2022 0 Egypt’s central bank decided to liberalise the exchange rate of the Egyptian pound, sending directives to the banks…
Money Egypt’s central bank raises key interest rates by 200 bps at exceptional meeting Yomna Yasser Oct 27, 2022 0 Egypt's central bank said on Thursday it had hiked interest rates by 200 basis points in an exceptional meeting of…
Money Hassan Abdalla: Egypt’s central bank plans to launch currency hedged indicator Amwal Al Ghad English Oct 23, 2022 0 Egypt's central bank plans to launch a currency hedged indicator as part of a hedging mechanism to protect against…
Money Egypt inflation to slow down in 2023 – c.bank deputy governor Amwal Al Ghad English Oct 23, 2022 0 Egypt's inflation rates will start to slow down in 2023, said Central Bank of Egypt deputy governor Rami Aboul Naga…
Money Egypt c.bank governor Hassan Abdalla chairs plenary session of IMF-WBG board of governors Amwal Al Ghad English Oct 14, 2022 0 Central Bank of Egypt’s (CBE) Governor Hassan Abdalla will chair on Friday the plenary session of the International…
Banks Egypt’s net foreign assets decline again to reach $925 million in August Nada Ali Oct 3, 2022 0 Egypt's net foreign assets (NFAs) fell by 18.06 billion Egyptian pounds ($925 million) in August, resuming a…
Financial Institutions Egypt’s annual inflation rate rise by 16.7% in August: CBE Esraa Ibrahim Sep 8, 2022 0 The annual inflation rate increased by 16.7 percent in August, compared to 15.6 percent in July, according to a…
Industry & Trade Egypt: 4.1 mln state employees receive salary from Meeza cards now Nada Ali May 17, 2022 0 The Central Bank of Egypt (CBE) replaced on Sunday 4.1 out of 4.3 million payroll slips for state-employees with…
News BNP Paribas: CBE to increase interest rates by 200 bps Nada Ali May 8, 2022 0 Analysts at BNP Paribas expect the Central Bank of Egypt (CBE) would hike interest rates by 200 basis points (bps)…