Money Egypt’s domestic liquidity hits EGP 4.35trn by April end Ahmed Ali Jul 15, 2020 0 Egypt’s domestic liquidity grew by 12.7 percent recording 4.489 billion Egyptian pounds from July 2019 to the end…
Money Egypt’s annual core inflation declines to 1% in June: CBE Ahmed Ali Jul 11, 2020 0 The annual core inflation rate reached 1 percent in June, down from 1.5 percent in May last year, the Central Bank…
Money Egypt’s FX reserves rise for the first time since February, CBE aya salah Jul 8, 2020 0 Foreign reserves increased slightly in June, rising to USD 38.2 bn from USD 36 bn in May after three consecutive…
Money CBE introduces new amendments on tourism workers support initiative Ahmed Ali Jul 1, 2020 0 The Central Bank of Egypt (CBE) amends to its recently-launched tourism support initiative which provide aid to the…
Featured Banks are obliged to notify customers when removed from blacklists: CBE Ahmed Ali Jun 24, 2020 0 The Central Bank of Egypt (CBE) has issued new instructions, requiring banks to notify their customers when…
Money CBE extends EGP 100bn initiative to cover more companies Ahmed Ali Jun 18, 2020 0 The Central Bank of Egypt (CBE) announced that more private-sector companies in the industrial, agricultural, and…
Featured Egyptian banks net foreign assets plunge 57 % in 9 months Ahmed Ali Jun 17, 2020 0 The net foreign assets of Egyptian banking sector plummeted by 57 percent, or 171.5 billion Egyptian pounds …
Featured Egypt’s c.bank to not introduce more interest rate cuts – EFG Hermes Amwal Al Ghad English Jun 11, 2020 0 Central Bank of Egypt (CBE) is not expected to introduce more cuts in the key interest rates, notably with the…
Money Egypt’s foreign reserves down to $36bn in May – CBE Ahmed Ali Jun 7, 2020 0 Egypt’s foreign reserves slid by around $1 billion during May, data by the Central Bank of Egypt (CBE) showed.
Money CBE denies issuing 500-pound banknote in July Ahmed Ali May 28, 2020 0 The Central Bank of Egypt (CBE) denied issuing a 500-pound banknote starting July according to a source with…