Money Egypt’s NBE injects $518.6mn among CBE’s mortgage initiative mohamed Hamdy Feb 3, 2020 0 Egyptian largest state-owned lender, National Bank of Egypt (NBE) says it has pumped 8.2 billion Egyptian pounds ($…
Money Egypt’s CBE pilots eKYC solution for financial inclusion Amwal Al Ghad English Jan 29, 2020 0 The Central Bank of Egypt has completed the testing phase of a new electronic know-your-customer (KYC).
Money Egypt to pay $1.6 billion as debt to Arab countries in 2H 2020: CBE Amwal Al Ghad English Jan 13, 2020 0 Egypt has to pay $1.694 billion during the first half of 2020, $5.167 billion during the second half, and $681…
Featured CBE new board of directors to convene for first time Sunday Amwal Al Ghad English Jan 5, 2020 0 The Central Bank of Egypt's (CBE) new board of directors is expected to hold its first meeting after its formation…
Featured CBE says domestic liquidity increases by EGP 160.4 bln Amwal Al Ghad English Jan 2, 2020 0 The Central Bank of Egypt (CBE) said that Egypt's domestic liquidity increased by 160.4 billion Egyptian pounds,…
Money EFG Hermes chosen as financial adviser in deal to sell United Bank Ahmed Ali Nov 24, 2019 0 The Central Bank of Egypt (CBE) has chosen a consortium grouping EFG Hermes and the New York-based Evercore, as…
Money Beltone expects Egypt central bank to cut rates by 3% in H1-2020 Islam salah Nov 17, 2019 0 Slowing inflation will prompt Egypt’s central bank to cut its key interest rates by about 3 percent during the…
Money Egypt to launch $600 million Africa export credit guarantee firm – c.bank Ahmed Ali Nov 14, 2019 0 Egypt’s central bank board approved on Thursday the launch of a company with capital of $600 million to guarantee…
Featured Egypt’s central bank likely to cut to key rates for 3rd time Amwal Al Ghad English Nov 12, 2019 0 Egypt’s central bank will likely make a third consecutive cut to its key interest rates on Thursday, a Reuters…
Money Egypt’s net FDI hit $1.257 billion in Q4-FY2019 Amwal Al Ghad English Oct 31, 2019 0 Egypt’s net foreign direct investment (FDI) reached $1.257 billion in the fourth quarter of the 2018/2019 financial…