Banks CBE provides 10-year interest-free loan to 3 major banks aya salah Aug 25, 2016 0 The Central Bank of Egypt (CBE) on Wednesday provided an interest-free loan to three major banks, including the…
Banks EU investments in Egypt grow to $2.302 bln in Q3: CBE Yomna Yasser Aug 22, 2016 0 European Union’s investments in Egypt rose by $730 million in the third quarter of the financial year 2015-2016 to…
Banks CBE issues banknotes of EGP 352.9bn in May, reaching 12.73% aya salah Aug 22, 2016 0 The Central Bank of Egypt (CBE) announced that the total value of banknotes issued reached EGP 352.896bn in May,…
Banks Domestic liquidity rises to 2.044 trillion Egyptian pounds in May: CBE Yomna Yasser Aug 21, 2016 0 Egypt’s domestic liquidity rose by 1.8 percent to around 2.044 trillion Egyptian pounds ($230.2 billion) by end of…
Banks Parliament initially approves restructuring Egypt’s state agricultural bank Yomna Yasser Aug 21, 2016 0 The agricultural and economic affairs committees in the Egyptian parliament have given their initial approval on…
Banks Egypt’s net FDI rises to $2.772 billion in Q3 Yomna Yasser Aug 21, 2016 0 Egypt’s net foreign direct investments (FDI) surged by $1.054 billion in the third quarter of the year to stand at…
Financial Institutions BREAKING: IMF says reaches staff-level $12 bln loan agreement with Egypt Yomna Yasser Aug 11, 2016 0 The International Monetary Fund said on Thursday it has reached a deal to assist Egypt with a three-year loan…
forex news CBE stabilises US dollar exchange rate, confuses dollar holders once again aya salah Aug 3, 2016 0 The Central Bank of Egypt (CBE) stabilised the US dollar exchange rate against the Egyptian pound at EGP 8.78 in…
Financial Institutions CBE issues treasury bills worth 9.7 bln Egyptian pounds Yomna Yasser Jul 31, 2016 0 Egypt’s central bank is issuing Sunday treasury bills worth 9.7 billion Egyptian pounds ($1.1 billion) to fill the…
Egypt News Inflation rate expected to rise in Egypt next year: experts aya salah Jul 27, 2016 0 Egypt’s core inflation rate climbed to its highest level in seven years in June, underscoring the challenges…