Egypt News Egypt’s c. bank issues EGP 70 bln T-bills Nada Ali Feb 15, 2024 0 The Central Bank of Egypt (CBE) is auctioning off 70 billion Egyptian pounds in treasury bills (T-bills) on…
Banks Egypt’s c. bank offers fixed-rate EGP 150 bln deposits Nada Ali Feb 13, 2024 0 The Central Bank of Egypt (CBE) offers on Tuesday a fixed-rate deposits of 21.75 per cent for seven days’ worth 150…
Banks Visa, EBC sign MoU to ease Egyptian’s remittances abroad Nada Ali Feb 11, 2024 0 Visa and Egyptian Banks Co. (EBC) signed a MoU, in coordination with the Central Bank of Egypt (CBE), to enhance…
Money Egypt’s net foreign reserves inch up to $35.249 bln in Jan. – c. bank data Yomna Yasser Feb 5, 2024 0 Egypt’s net foreign reserves inched up to $35.249.5 billion at the end of January 2024 from $35.219 billion at the…
Money BREAKING: Egypt’s central bank hikes key interest rates by 200 bps Yomna Yasser Feb 1, 2024 0 Egypt’s central bank has on Thursday hiked its key interest rates by 200 basis points in its first monetary policy…
Money Egypt’s reserve money M0 hits EGP 1.689 trillion at ’23-end: CBE Yomna Yasser Jan 16, 2024 0 Egypt’s reserve money (MO) surged to 1.689 trillion Egyptian pounds ($54.61 billion) at the end of December 2023…
Banks Egypt’s BoP records surplus of $228.8 mln in Q1 of FY 2023/2024 Nada Ali Jan 8, 2024 0 Egypt's Balance of Payments (BoP) has unfolded an overall surplus of $228.8 million in the first quarter of…
Money Egypt’s central bank extends no fees for InstaPay money transfer services Yomna Yasser Dec 28, 2023 0 Egypt’s first Payment Service Provider (PSP) InstaPay will continue to provide free of charge money transfer…
Money Egypt’s central bank extends no fees for InstaPay services – sources Amwal Al Ghad English Dec 28, 2023 0 Egypt’s central bank (CBE) has postponed plans to impose fees for interbank money transfer services through…
Banks CBE: 4.7 mln MSMEs receive EGP 78 bln finance till June 2023 Nada Ali Dec 26, 2023 0 The Central Bank of Egypt (CBE) said that 4.7 million micro, small and medium enterprises (MSMEs) have received a…