Featured CBE: Egyptian banking’ net profit records EGP 283.4b in ’23 Yomna Yasser Mar 18, 2024 0 The Egyptian banking sector saw its net profit grew by more than half throughout 2023, the central bank said in its…
Banks Egypt’s CBE reveals reasons for high inflation in Feb. Nada Ali Mar 18, 2024 0 Egypt’s annual urban headline inflation rose to 35.7 per cent in February from 29.8 per cent in January, the…
Banks Egypt’s c. bank to offer EGP 3.25b T-bonds fixed coupon Nada Ali Mar 17, 2024 0 The Central Bank of Egypt (CBE) will auction treasury bonds (T-Bonds) on Monday with fixed coupon worth 3.250…
Featured Egyptian pound hits 47.90 versus USD Aya El Sayed Mar 17, 2024 0 Egypt’s banks displayed slight differences in USD exchange rates on March 17, 2024. The Central Bank of Egypt (CBE)…
Banks Egypt’s CBE issues EGP 50b T-bills Nada Ali Mar 17, 2024 0 The Central Bank of Egypt (CBE) is offering 50 billion Egyptian pounds in treasury bills (T-bills) on Thursday, in…
Banks Egypt’s c. bank auctions EGP 60b T-bills Nada Ali Mar 14, 2024 0 The Central Bank of Egypt (CBE) is offering 60 billion Egyptian pounds in treasury bills (T-bills) on Thursday, in…
Money Banque Misr Chair: Remittances from Egyptians abroad grow 10-fold Yomna Yasser Mar 13, 2024 0 As Egypt enforced exchange rate reforms, signed landmark multi-billion agreements, and received the thumbs up from…
Banks Egypt’s c. bank auctions fixed-rate EGP 150b deposits Nada Ali Mar 12, 2024 0 The Central Bank of Egypt (CBE) offered on Tuesday a fixed-rate deposits at 27.75 per cent for seven days,…
Egypt News Egypt’s CIB bank raises credit card limits M.S. Salama Mar 11, 2024 0 Banks operating in the Egyptian market have begun raising credit card limits in implementation of the directives…
Egypt News Egypt’s c. bank issues EGP 2b zero coupon t-bonds Nada Ali Mar 11, 2024 0 Egypt’s central bank announced in its website on Monday the issuance of 728-day treasury zero-coupon bonds worth…