Egypt Adopts Long-Term Expansionary Monetary Policy
The Egyptian Ministry of International Cooperation stated that the Central bank of Egypt (CBE) targets to adopt…
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Central Bank of Egypt
Export Development Bank Confirms Asking For Islamic Banking License
The Export Development Bank of Egypt (EDBE) issued a statement today affirming what Amwal Al Ghad reported…
Export Development Bank Seeks Islamic Banking License
The Export Development Bank of Egypt (EDBE) has submitted a request to the Central Bank of Egypt (CBE) to get a…
Ahli United Bank Receives CBE’s Approval To Launch 5 Branches In 2013
Ahli United Bank – Egypt has received an approval from the Central Bank of Egypt (CBE) to launch five new branches…
Finance Ministry Cancels CBE’s Great Seal Of Egypt
The Egyptian Ministry of Finance issued a decree to cancel the Great Seal of the Arab Republic of Egypt at the…
CBE Secures 3rd Tranche Of Qatar’s US$ 2 Bln Deposit
The Minister of Finance Momtaz Al-Saeed announced that the Central Bank of Egypt (CBE) received US$ 500 million…
Egypt’s Annual Inflation Rate 4.64% Up In October: CBE
Egypt’s annual inflation rate set by the Central Bank of Egypt (CBE) rose to 4.64% in October, compared to 3.84% in…
Banking Sector’s Securities Portfolios Hit EGP 562.9 Bln At End Of August
The Egyptian banking sector’s securities portfolios surged by EGP 5.621 billion (1%), registering EGP 562.9 billion…
BNP Paribas Egypt Due Diligence Completed, Winner Named Soon
An official source at the Central Bank of Egypt (CBE) said the due diligence process on BNP Paribas Egypt was…
Egyptian Banking Sector’s Investments In T-Bills Hit EGP 373.9 Bln In August
The Egyptian banking sector’s investments in treasury bills surged by EGP 3.46 billion (0.9%), registering EGP…