Rania Al-Mashat: Comprehensive Economic Policy Is A Must To Restrain Inflation
Rania Al-Mashat, sub governor and chief of monetary policy division at Central Bank of Egypt, said economic growth…
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Central Bank of Egypt
Foreign Reserves To Rise On Better Economy
Egypt’s prime minister said he expects net international reserves to climb in coming months on the back of…
CBE: RRR Depends On Liquidity
Central Bank of Egypt will use all tools available to meet the liquidity requirements of local banks, said Rania…
CBE Stressed On Not Giving More Islamic Banking Licenses
Gamal Negm, deputy governor of Central Bank of Egypt (CBE), negated what was published in some newspapers that CBE…
Offering EGP 4 Bln Treasury Bills on Saudi’s Announcement about Aid
Ministry of Finance will offer EGP 4 billion ($662 million) of three- and nine-month treasury bills as Saudi Arabia…
Foreign Reserves Increase For The First Time Since 2011
Central Bank of Egypt said foreign reserves rose slightly last month, their first gain since a revolution that…
CBE Fixes Interest Rates On GDP Increase By 0.4% In Q2
The Central Bank of Egypt (CBE) decide to keep lending rate steady at 10.25 percent and the deposit rate at 9.25…
Fayza Aboulnaga: Saudi Arabia To Aid Egypt
Saudi Arabia “will start implementing” a financial aid package to Egypt this month with a $1 billion deposit in the…
Central Bank Of Egypt Keeps Interest Rates Unchanged
Central Bank of Egypt kept its benchmark overnight deposit and lending rates steady on Thursday, warning that…
CBE Establishes SMEs’ Credit-Risk Mechanism
Dr. Farouk El-Okdah, governor of Central Bank of Egypt, said that the regulator studies introducing a credit-risk…