New banking law reached Cabinet: CBE
The Central Bank of Egypt has finished the final draft of the new banking law, Lobna Helal, Deputy Governor said.
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Central Bank of Egypt
Egypt expects to receive 5th tranche of IMF loan in Jan.
Central Bank of Egypt's governor Tarek Amer said on Sunday the fifth tranche of a $12 billion loan from the…
Interest rate likely to fall by 1 to 2% in 2019: Hermes
EFG Hermes, a leading financial group and one of the biggest investment banks in Egypt, expected on Thursday that…
Remittances from Egyptian expats up 8% in first 10 months of 2018 – c.bank
Remittances from expatriate Egyptians rose 8 percent for the first 10 months of the year to $21.4 billion from…
Egypt foreign reserves up to $44.513 billion end-November – c.bank
Egypt’s foreign currency reserves increased to $44.513 billion at the end of November from $44.501 billion a month…
Egypt deposits $199.5 billion in banks in FY2017/18 – c.bank
Egyptians deposited around 3.569 trillion Egyptian pounds ($199.5 billion) in the local banking system in financial…
Egypt to auction $1.675 bln in dollar T-bills: central bank
Egypt is planning to auction $1.675 billion worth of one-year dollar-denominated treasury bills on November 19, the…
Gold balance in Egypt’s foreign reserves rise 3.3% in October
Egypt’s monthly gold holdings of foreign reserves rose 3.3 percent to $2.631 billion at the end of October from…
Egypt’s foreign reserves increase to $44.501 bln at end-October
Egypt’s foreign currency reserves rose to $44.501 billion at the end of October from $44.459 billion at the end of…
Egypt’s domestic debt hikes 16.9% in FY2017-18: c.bank
Egypt’s domestic debt rose 16.9 percent to 3.695 trillion Egyptian pounds ($206.7 billion) in the financial year…