Egypt’s net FDI at $4.6 bln in first nine months of FY18-19
Egypt’s net foreign direct investment (FDI) recorded $4.6 billion in the first nine months of the 2018/2019…
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Central Bank of Egypt
Egypt’s domestic liquidity rises 7.8% in nine months – c.bank
Egypt's domestic liquidity rose 7.8 percent during the first three quarters of financial year 2018/2019, increasing…
Egypt’s gold exports jump 132% in three months – c.bank
Egypt’s gold exports jumped 132 percent in the second quarter of the current financial year compared to the first…
CBE to launch innovation fund before 2019 end
The Central Bank of Egypt is set to launch Fintech innovation fund before the end of the current year, Ayman…
Egypt to host Seamless North Africa for 2nd year in row
Egypt to host the financial technology "Seamless North Africa FinTech" conference on June 17-18 for the second year…
Egypt’s New Banking Law bans crypto currency issuance without license
The new Banking Law prohibits the establishment or operation of platforms for issuing or trading encrypted currency…
CBE encourages banks to invest in equity for SMEs through some incentives
The Central Bank of Egypt (CBE) agreed to allow banks to count their own equity investments in SME-focused funds as…
CBE maintains interest rates during May
The Central Bank of Egypt (CBE) decided to maintain the overnight interest rate on deposits and loans, and…
Egypt’s domestic debt surges 4.108 trillion pounds in 2018 – c.bank
Egypt’s domestic debt surged 20.3 percent to 4.108 trillion Egyptian pounds ($242 billion) in the year to…
Egypt banks’ interbank trading volumes hit $10.7 mln since start of April – c.bank
Banks in Egypt have registered interbank trading volumes worth 184.1 million Egyptian pounds ($10.7 million) since…