CBE completes initial feasibility study for potential Egyptian CBDC
The Central Bank of Egypt (CBE) has completed the first phase of a study to explore the feasibility of issuing a…
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Central Bank of Egypt (CBE)
EGP down vs. USD at Wednesday’s close
The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…
CBE: Egypt’s financial stability index surges to 0.44 in March ’24
The Central Bank of Egypt (CBE) reported on Wednesday a significant improvement in Egypt's financial stability…
CBE: Egyptian banking sector maintains prudent lending practices
Egypt’s central bank reported that the banking sector continued to provide financing for the business sector and…
CBE: Non-banking financial sector contributes 9.8% to Egypt’s GDP in FY23/24
The Egyptian non-banking financial sector represented 9.8 per cent of GDP and 7.7 per cent of total financial…
CBE: Banking sector assets up 116.9% of GDP by FY ’23
The Egyptian banking sector's total assets reaching a substantial 116.9 per cent of the nominal GDP and 92.3 per…
Egypt c.bank withdraws EGP1.11t in open market operation auction
The Central Bank of Egypt (CBE) withdrew 1,111,650 billion Egyptian pounds from the market on Tuesday through an…
Egypt’s PM, CBE governor inaugurate major Arab banking summit
Under the auspices of President Abdel Fattah al-Sisi, the Central Bank of Egypt (CBE) hosted on Tuesday the 48th…
Egypt’s banks off next Sunday
The Egyptian banks will be off on Sunday, October 06, 2024, on the occasion of the Armed Forces Day.
EGP up vs. USD at Tuesday’s close
The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…
