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…
Browsing Tag
Central Bank of Egypt (CBE)
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…
CBE allocates EGP 1bn will deploy 300k POS nationwide to achieve financial inclusion
The Central Bank of Egypt (CBE) will bear the 1 billion Egyptian pounds cost needed to deploy 300,000 point of sale…
CBE to review Egypt’s key interest rates Thursday
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) is expected to hold its ninth meeting of…
Egypt’s central bank eases procedures for opening bank accounts
The Central Bank of Egypt (CBE) has streamlined procedures for opening bank accounts in collaboration with the…