Banks CBE’s gold holdings increase by 6% in October Nada Ali Nov 23, 2023 0 The Central Bank of Egypt (CBE) gold holdings rose by six percent to 249.64 billion Egyptian pounds in October from…
Business Egypt in talks to allow barter trade with Russia, Turkey, African countries Aya Anwar Nov 12, 2023 0 Egypt is considering implementing trade exchange operations with Russia, Turkey, and some African countries through…
Business Standard Chartered names Mohammed Gad as Egypt CEO Yomna Yasser Nov 6, 2023 0 Standard Chartered said on Monday it had named Mohammed Gad as its chief executive officer for Egypt with immediate…
Business Egypt’s net foreign reserves increase to $35.1 bln in October – c.bank data Yomna Yasser Nov 5, 2023 0 Egypt’s net foreign reserves increased to $35.108 billion at the end of October from $34.970 billion at the end of…
Business BREAKING: Egypt’s central bank keeps key interest rates unchanged Yomna Yasser Nov 2, 2023 0 Egypt’s central bank has on Thursday kept its key interest rates unchanged in its penultimate monetary policy…
Banks China Development Bank disburses $957mln to Egypt’s central bank Nada Ali Oct 31, 2023 0 The China Development Bank (CDB) disbursed a seven billion-yuan ($956.61 million) loan agreement with the Central…
Business Egypt’s central bank eases restrictions on usage of credit cards abroad Yomna Yasser Oct 26, 2023 0 Egypt’s central bank on Thursday eased restrictions on the usage of credit cards abroad, enabling clients to use…
Feature Egypt’s Housing and Development Bank injects EGP 2.5bln green finance to major firms Nada Ali Oct 25, 2023 0 Egypt’s Housing Development Bank (HDB) supported the green projects through providing 2.5 billion Egyptian Pounds…
Business Egypt’s reserve money MO surges to EGP 1.581 trillion at Sept-end: c.bank mohamed Hamdy Oct 16, 2023 0 Egypt’s reserve money (MO) rose to 1.581 trillion Egyptian pounds ($51.144 billion) at the end of the third quarter…
Business IMF’s Kristalina Georgieva applauds Egypt’s progress on economic reforms Yomna Yasser Oct 12, 2023 0 The International Monetary Fund (IMF) Managing Director Kristalina Georgieva said on Thursday that Egypt has made…