Global Finance names Egypt’s Tarek Amer among top 20 best central bank governors for 2022
Global Finance Magazine has named Egyptian Central Bank Governor Tarek Amer as one of the Top 20 Central Banks’…
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Central Bank of Egypt (CBE)
Egypt’s foreign currency gap shrinks to $400 million in July – c.bank official
The Central Bank of Egypt (CBE) announced on Saturday that Egypt's foreign currency gap narrowed to $400 million…
Egypt’s net foreign reserves fall by $232 million in July
Egypt’s net foreign reserves fell to $33.143 billion at the end of July from $33.375 billion at the end of June, a…
Saudi Arabia deposits $5 billion in Egypt’s central bank – news agency
Saudi Arabia has deposited $3 billion in Egypt’s central bank, the state-run Saudi Press Agency reported on…
Banque Misr raises EGP 31 billion from high-yield certificates in three days
Egypt's second-largest state lender Banque Misr has collected 31 billion Egyptian pounds ($1.7 billion) from a new…
Egypt’s newest savings certificates are ‘temporary’, to be deactivated soon – sources
Egypt’s new high-yield savings certificates are part of “temporary and exceptional” procedures and will not last…
Remittances from Egyptians abroad grow 6.4% y-o-y in 2021: CBE
Remittances from Egyptians working abroad grew by 6.4 percent year-on-year to around $31.5 billion in 2021 from…
Egypt’s net foreign reserves increase to $40.993 billion in February
Egypt’s net foreign reserves increased to around $40.993 billion at the end of February from $40.980 billion at the…
Egypt’s central bank launches new initiative for imports
Egypt’s central bank has launched on Tuesday a new initiative to guarantee import operations through covering risks…
Standard Chartered to open first branch in Egypt next Sept.– c.bank official
Britain’s Standard Chartered Bank will open its first branch in Egypt by next September at maximum, Egyptian…