Egypt’s c. bank offers fixed-rate EGP 150 bln deposits
The Central Bank of Egypt (CBE) offers on Tuesday a fixed-rate deposits of 21.75 per cent for seven days’ worth 150…
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Central Bank of Egypt (CBE)
Visa, EBC sign MoU to ease Egyptian’s remittances abroad
Visa and Egyptian Banks Co. (EBC) signed a MoU, in coordination with the Central Bank of Egypt (CBE), to enhance…
Egypt’s net foreign reserves inch up to $35.249 bln in Jan. – c. bank data
Egypt’s net foreign reserves inched up to $35.249.5 billion at the end of January 2024 from $35.219 billion at the…
BREAKING: Egypt’s central bank hikes key interest rates by 200 bps
Egypt’s central bank has on Thursday hiked its key interest rates by 200 basis points in its first monetary policy…
Egypt’s reserve money M0 hits EGP 1.689 trillion at ’23-end: CBE
Egypt’s reserve money (MO) surged to 1.689 trillion Egyptian pounds ($54.61 billion) at the end of December 2023…
Egypt’s BoP records surplus of $228.8 mln in Q1 of FY 2023/2024
Egypt's Balance of Payments (BoP) has unfolded an overall surplus of $228.8 million in the first quarter of…
Egypt’s central bank extends no fees for InstaPay money transfer services
Egypt’s first Payment Service Provider (PSP) InstaPay will continue to provide free of charge money transfer…
Egypt’s central bank extends no fees for InstaPay services – sources
Egypt’s central bank (CBE) has postponed plans to impose fees for interbank money transfer services through…
CBE: 4.7 mln MSMEs receive EGP 78 bln finance till June 2023
The Central Bank of Egypt (CBE) said that 4.7 million micro, small and medium enterprises (MSMEs) have received a…
BREAKING: Egypt’s central bank keeps key interest rates on hold
Egypt’s central bank has on Thursday kept its key interest rates unchanged in its final monetary policy meeting for…