Egypt posts $281.9 mln balance of payments surplus in 9 months
Egypt’s balance of payments (BoP) achieved an overall surplus of $281.9 million in July-March of the financial year…
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Central Bank of Egypt (CBE)
Egypt’s initiative to support tourism under consideration – CBE
Egypt is considering launching a new initiative to support the tourism sector, said the Central Bank of Egypt…
Egypt’s c.bank, CBN sign MoUs to exchange expertise in fintech, e-payment system
The Central Bank of Egypt (CBE) signed two Memorandum of Understanding (MoU) with the Central Bank of Nigeria (CBN)…
Egypt, Nigeria central banks sign fintech cooperation pact
The central banks of Egypt and Nigeria have signed on Monday an agreement to boost cooperation in multiple areas.
Foreign holdings of Egyptian treasuries at EGP 392.5 bln by April-end – CBE
Foreign holders of Egyptian treasuries stood at 392.499 billion Egyptian pounds by the end of April 2023, compared…
CBE: banks loan jump to EGP 4.399 trln by Mar-end
The Central Bank of Egypt (CBE) reported on Thursday that the lending balances rose to 4.399 trillion Egyptian…
Egypt’s c.bank issues new digital banks licensing rules
The Central Bank of Egypt (CBE) has issued new rules for licensing and registering digital banks, with the banks…
Egypt’s inflation likely to trigger interest rate hike
Egypt’s inflation has jumped to 36.8 percent, and as a result, Egyptian policymakers are likely to keep adopting…
Egypt to establish 6 complexes for gold extraction in Eastern Desert
Egypt is set to establish six complexes for gold extraction in the Eastern Desert, Ashraq business reported on…
Egypt’s foreign reserves hike to $34.806 bln in June – c.bank
Egypt’s net foreign reserves rose to $34.806 billion at the end of June from $34.551 billion at the end of May,…
