Egypt-UAE currency swap deal leads to better use of hard currency: United Bank CEO
Egypt’s recent $1.4 billion currency swap agreement with the UAE will help reduce demand for the dollar and…
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Central Bank of Egypt (CBE)
Egypt-UAE currency swap to lure foreign cash, reduce borrowing spree: HDB chair
Egypt’s recent $1.4 billion currency swap agreement with the UAE will help the North African country secure hard…
Egypt’s central bank governor meets with China Development Bank head
Central Bank of Egypt Governor Hassan Abdalla has recently met with Mr. Tan Jiong, President of China Development…
Egypt, UAE central banks sign currency swap deal
The central banks of Egypt and the UAE have on Thursday signed a bilateral currency swap agreement.
Egypt to double number of tourists to 30 million by 2028 – minister
Egypt is seeking to double the number of visitors to 30 million by the year 2028, Minister of Tourism, Ahmed Issa,…
CBE governor Hassan Abdalla invites Chinese banks to tap Egypt market
Central Bank of Egypt (CBE) Governor Hassan Abdalla has invited Chinese banks to enter the Egyptian market to help…
Egypt’s central bank wins two AFI global financial inclusion awards
Egypt’s central bank has won two won two of the five AFI Global Alliance for Financial Inclusion Awards, on the…
Egypt’s central bank says net profit hit EGP 14.5 billion at August-end
Egypt’s central bank has posted a net profit of 14.538 billion Egyptian pounds ($470.5 million) in August, from…
Egypt’s central bank keeps key interest rates unchanged
Egypt’s central bank has on Thursday kept its key interest rates unchanged in an attempt to control the recent…
Fitch Solutions expects Egypt’s c.bank to hike interest rates by 100bp before year-end
Fitch Solutions expects Egypt’s central bank to raise its key interest rates by 100 basis points before the end of…
