Egypt’s central bank launches initiative to cancel fees on activating e-collection…
The Central Bank of Egypt (CBE) launched an initiative to cancel all fees that private sector’s MSMEs bear to…
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Central Bank of Egypt (CBE)
Egypt’s central bank keeps interest rates on hold in 1st meeting during 2021
The Monetary Policy Committee of the Central Bank of Egypt (CBE) decided Thursday to keep the overnight deposit…
CBE offers EGP 16bn T-bills on Sunday
The Central Bank of Egypt (CBE) will offer treasury bills (T-bills) worth 16 billion Egyptian pounds on Sunday on…
Egypt’s annual core inflation drops to 3.8% in December 2020 – CBE
Egypt’s annual core inflation rate retreated to 3.8 percent in December 2020, compared to 4 percent a month…
Egypt’s central bank instructs banks to speed up cash transfers
The Central Bank of Egypt (CBE) issued new instructions for banks to expedite the transfers denominated in the…
Egypt’s central bank extends two debt relief initiatives due to pandemic
Egypt’s central bank has extended two debt relief initiatives for additional 6 months which were launched earlier…
CBE extends two debt relief initiatives for six months
The Central Bank of Egypt (CBE) decided to extend two initiatives to relieve the debt for defaulting companies and…
Egypt eyes 2% initial surplus-to-GDP ratio, 6.3% budget deficit in FY2020/21: CBE
Egypt is aiming to achieve a 2 percent of initial surplus to GDP ratio in the current FY2020/2021 while attaining a…
Egypt’s central bank renews suspension of ATM, banking transaction fees till June…
The Central Bank of Egypt (CBE) decided extending the suspension of fees on cash withdrawals from ATMs and…
CBE seen keeping interest rates unchanged in next meeting
The Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) is expected to keep interest rates unchanged in…