Banks Egypt’s net foreign reserves rise to $35.173 bln in November – CBE Nada Ali Dec 7, 2023 0 Egypt’s net foreign reserves increased by $72 million in November to reach $35.173 billion, up from $35.102 billion…
Banks CBE’s gold holdings increase by 6% in October Nada Ali Nov 23, 2023 0 The Central Bank of Egypt (CBE) gold holdings rose by six percent to 249.64 billion Egyptian pounds in October from…
Business Egypt in talks to allow barter trade with Russia, Turkey, African countries Aya Anwar Nov 12, 2023 0 Egypt is considering implementing trade exchange operations with Russia, Turkey, and some African countries through…
Feature Egypt’s Housing and Development Bank injects EGP 2.5bln green finance to major firms Nada Ali Oct 25, 2023 0 Egypt’s Housing Development Bank (HDB) supported the green projects through providing 2.5 billion Egyptian Pounds…
Business Egypt’s reserve money MO surges to EGP 1.581 trillion at Sept-end: c.bank mohamed Hamdy Oct 16, 2023 0 Egypt’s reserve money (MO) rose to 1.581 trillion Egyptian pounds ($51.144 billion) at the end of the third quarter…
Investment Egypt to double number of tourists to 30 million by 2028 – minister Sama Mousa Sep 27, 2023 0 Egypt is seeking to double the number of visitors to 30 million by the year 2028, Minister of Tourism, Ahmed Issa,…
Business CBE governor Hassan Abdalla invites Chinese banks to tap Egypt market Sama Mousa Sep 27, 2023 0 Central Bank of Egypt (CBE) Governor Hassan Abdalla has invited Chinese banks to enter the Egyptian market to help…
Business Banque du Caire launches central security unit Sama Mousa Sep 14, 2023 0 Banque du Caire launched a central security control unit to monitor operations at its branches, said an emailed…
Business CBE eases banking access for illiterate, elderly Sama Mousa Sep 5, 2023 0 The Central Bank of Egypt (CBE) introduced new facilities on Tuesday to help illiterate and elderly customers (65+…
Banks Egypt’s c.bank assets hike by 50% in one year Nada Ali Sep 3, 2023 0 The Central Bank of Egypt (CBE) assets represent an increase of 1.494 trillion Egyptian pounds or 50 percent in one…