Money Egypt’s MSMEs portfolio hit EGP 201.7bn in over 4 years: CBE Ahmed Ali Oct 19, 2020 0 The Central Bank of Egypt (CBE) announced that loans and credit facilities provided to micro-, small-, and…
Money CBE sets up a new company for money transfer, EgyCash Amwal Al Ghad English Oct 10, 2020 0 The Central Bank of Egypt announced setting up EgyCash company for technological solutions of monetary dealing.
Featured Contrary to expectations, Egypt’s CBE cuts key interest rates by 0.5% Amwal Al Ghad English Sep 26, 2020 0 Egypt’s Central Bank of Egypt has decided to cut the overnight deposit rate, overnight lending rate, and the rate…
Money NBE approves EGP 300m bridge loan to finance North Coast new flagship Bo Islands Ahmed Ali Sep 24, 2020 0 National Bank of Egypt (NBE) approved the provision of a bridge loan worth 300 million Egyptian pounds to Maxim…
Money CBE to extend waive on ATM withdrawals fees until 2020 end Amwal Al Ghad English Sep 16, 2020 0 The Central Bank of Egypt decided to extend a decision to waive EGP transfers and ATM withdrawals Fees put in place…
Money Egypt’s CBE fixes interest rates unchanged for 4th meeting in row Ahmed Ali Aug 15, 2020 0 The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) decided fix interest rates for the fourth…
Money Egypt central bank expected to keep interest rates fixed, Poll Amwal Al Ghad English Aug 11, 2020 0 Egypt's Central Bank is likely to maintain interest rates this week, despite inflation drop to an eight-month low…
Featured Egypt’s gold reserves resume its rising trend to $1.2bn in 7M Ahmed Ali Aug 7, 2020 0 Gold reserves in Egypt increased by $429 million or 10.5% to a new record of $4.505 billion in July, compared to…
Money Egypt sees portfolio investment outflows of $7.9bn in July/March of FY20 Amwal Al Ghad English Jul 29, 2020 0 Egypt's portfolio investment registered net outflows of $7.9 billion from July to March of the financial year…
Money CBE orders banks to clarify measures to unblock assets frozen due to tax disputes Ahmed Ali Jul 20, 2020 0 The Central Bank of Egypt (CBE) issues circular to banks to clarify measures to unblock assets frozen due to tax…