Egypt’s NBE bank OKs 3 bln pounds funds to mortgage finance initiative
National Bank of Egypt (NBE), the country’s largest state lender, has approved financing requests for around 3,000…
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Central Bank of Egypt (CBE)
Egypt’s foreign debt hits $88.2 bln in March: CBE
Central Bank of Egypt (CBE) said in a statement on Monday that the country's foreign debt reached $88.2 billion at…
Egypt’s M2 money supply up 18.49% in June: CBE
Egypt’s M2 money supply grew 18.49 percent year-on year in June, data from the central bank (CBE) showed on…
CBE bank to issue 17.25bn Egyptian pounds T-bills Thursday
The Central Bank of Egypt (CBE) will issue 17.25 billion pounds in treasury bills (T-bills) on Thursday on behalf…
National Bank of Egypt changes interest rates on savings accounts
The National Bank of Egypt (NBE) has divided interest payments on savings accounts into five tiers on the basis of…
Banks pump EGP 14.5bn among CEB’s mortgage finance initiative
Egypt’ banks have so far injected 14.5 billion Egyptian pounds ($809.9 million), as part of the mortgage finance…
Egypt’s Amlak to inject 350 mln pounds funds this year
Egypt’s Amlak Finance and Real Estate Investment Company plans to pump funding worth 350 million Egyptian pounds…
Egypt’s banks, EGX to close 17 and 18 June for Eid Al-Fitr holiday
The Central Bank of Egypt (CBE) said Sunday that banks and the Egyptian Exchange (EGX) will be closed next Sunday…
Egyptian gold reserves fall to $2.73 bln in May
Egypt’s gold reserves dropped by $50 million or 0.7 percent month-on-month in May 2018 to around $2.73 billion from…
Egyptian net foreign reserves rise to $44.14 bln at end-May: CBE
Egypt’s net foreign reserves rose to $44.14 billion at the end of May from $44.030 billion at the end of April, the…