Banks pump EGP 14.5bn among CEB’s mortgage finance initiative
Egypt’ banks have so far injected 14.5 billion Egyptian pounds ($809.9 million), as part of the mortgage finance…
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Central Bank of Egypt (CBE)
Egypt’s Amlak to inject 350 mln pounds funds this year
Egypt’s Amlak Finance and Real Estate Investment Company plans to pump funding worth 350 million Egyptian pounds…
Egypt’s banks, EGX to close 17 and 18 June for Eid Al-Fitr holiday
The Central Bank of Egypt (CBE) said Sunday that banks and the Egyptian Exchange (EGX) will be closed next Sunday…
Egyptian gold reserves fall to $2.73 bln in May
Egypt’s gold reserves dropped by $50 million or 0.7 percent month-on-month in May 2018 to around $2.73 billion from…
Egyptian net foreign reserves rise to $44.14 bln at end-May: CBE
Egypt’s net foreign reserves rose to $44.14 billion at the end of May from $44.030 billion at the end of April, the…
Egypt’s Suez Canal revenues likely to rise 14% at end-FY2017/18
Egypt's Suez Canal revenues are likely to increase by 14 percent to reach $5.6 billion at the end of financial year…
Egypt’s foreign direct investment falls 20% in Q2-FY2017/18: CBE
Foreign direct investment (FDI) to Egypt has declined to $1.9 billion in the second quarter of financial year…
Egyptian external debt ups to $82.9 bln at end-2017: CBE
Egypt's external debt recorded $82.9 billion at the end of 2017 up from $80.8 billion in the third quarter of the…
Egypt’s NBE injects 18.5 bln pounds to finance SMEs
The National Bank of Egypt (NBE) has pumped 18.5 billion Egyptian pounds to fund 17,800 small and medium projects…
Remittances rise to $24.2 since liberalization of exchange rate: CBE
The Central Bank of Egypt (CBE) announced that remittances from Egyptian expatriates increased to $24.2…
