Money BREAKING: Egypt’s central bank hikes key interest rates by 200 bps Yomna Yasser Feb 1, 2024 0 Egypt’s central bank has on Thursday hiked its key interest rates by 200 basis points in its first monetary policy…
Money Egypt’s reserve money M0 hits EGP 1.689 trillion at ’23-end: CBE Yomna Yasser Jan 16, 2024 0 Egypt’s reserve money (MO) surged to 1.689 trillion Egyptian pounds ($54.61 billion) at the end of December 2023…
Banks Egypt’s BoP records surplus of $228.8 mln in Q1 of FY 2023/2024 Nada Ali Jan 8, 2024 0 Egypt's Balance of Payments (BoP) has unfolded an overall surplus of $228.8 million in the first quarter of…
Money Egypt’s central bank extends no fees for InstaPay money transfer services Yomna Yasser Dec 28, 2023 0 Egypt’s first Payment Service Provider (PSP) InstaPay will continue to provide free of charge money transfer…
Money Egypt’s central bank extends no fees for InstaPay services – sources Amwal Al Ghad English Dec 28, 2023 0 Egypt’s central bank (CBE) has postponed plans to impose fees for interbank money transfer services through…
Banks CBE: 4.7 mln MSMEs receive EGP 78 bln finance till June 2023 Nada Ali Dec 26, 2023 0 The Central Bank of Egypt (CBE) said that 4.7 million micro, small and medium enterprises (MSMEs) have received a…
Money XMATCH Demo Day: Pioneering $20 mln investment drive for MENA’s SMEs Amwal Al Ghad English Dec 19, 2023 0 XMATCH DEMO DAY, a groundbreaking initiative by Exits MENA and ECOSYS+, has achieved a remarkable milestone in the…
Egypt News Egypt’s private sector secures $10.3 bln in four years – report Nada Ali Dec 19, 2023 0 Egypt's private sector has secured $10.3 billion of official development assistance from 2020 to 2023, according to…
Banks Egypt’s net foreign reserves rise to $35.173 bln in November – CBE Nada Ali Dec 7, 2023 0 Egypt’s net foreign reserves increased by $72 million in November to reach $35.173 billion, up from $35.102 billion…
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…