Egypt’s Housing and Development Bank injects EGP 2.5bln green finance to major firms
Egypt’s Housing Development Bank (HDB) supported the green projects through providing 2.5 billion Egyptian Pounds…
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Central Bank of Egypt (CBE)
Egypt’s reserve money M0 surges to EGP 1.581 trillion at Sept-end: c.bank
Egypt’s reserve money (M0) rose to 1.581 trillion Egyptian pounds ($51.144 billion) at the end of the third quarter…
IMF’s Kristalina Georgieva applauds Egypt’s progress on economic reforms
The International Monetary Fund (IMF) Managing Director Kristalina Georgieva said on Thursday that Egypt has made…
Egypt’s tourism revenues hit $13.6bln surpassing pre-COVID levels
Egypt’s tourism sector revenues for the fiscal year 2022-2023 reached $13.6 billion and surpassed its pre-COVID-19…
Egypt’s gold reserves inch up to $7.6 billion at end-Sept
Egypt’s gold reserves, a major component of foreign cash reserves, inched up to $7.644 billion at the end of…
Currency swap deal raises chances of Egypt’s UAE export boost: BdC chair
Egypt’s currency swap agreement with the UAE will increase the chances of the North African country boosting its…
CBE-CBUAE currency swap boosts investors’ confidence in Egypt economy: QNB Al Ahli CEO
The recent currency swap agreement between the Central Bank of Egypt (CBE) and the Central Bank of the UAE (CBUAE)…
Egypt’s foreign reserves seen rising after CBE-CBUAE currency swap – SAIB chair
The recent currency swap agreement between the Central Bank of Egypt (CBE) and the Central Bank of the UAE (CBUAE)…
Egypt-UAE currency swap deal eases hard currency crunch: IDB chair
Egypt’s recent $1.4 billion currency swap agreement with the UAE is one of the unconventional major solutions to…
Egypt-UAE currency swap deal leads to better use of hard currency: United Bank CEO
Egypt’s recent $1.4 billion currency swap agreement with the UAE will help reduce demand for the dollar and…