BNP Paribas: CBE to increase interest rates by 200 bps
Analysts at BNP Paribas expect the Central Bank of Egypt (CBE) would hike interest rates by 200 basis points (bps)…
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Central Bank of Egypt
Remittances from Egyptians abroad grow 6.4% y-o-y in 2021: CBE
Remittances from Egyptians working abroad grew by 6.4 percent year-on-year to around $31.5 billion in 2021 from…
Egypt’s central bank launches new initiative for imports
Egypt’s central bank has launched on Tuesday a new initiative to guarantee import operations through covering risks…
Egypt’s net foreign reserves inch up to $40.980 billion in January
Egypt’s net foreign reserves inched up to $40.980 billion at the end of January from $40.934 billion at the end of…
Standard Chartered gets initial approval for first Egypt branch
Standard Chartered Bank has obtained preliminary approval from Egypt’s central bank to open its first branch in the…
Egypt’s net foreign reserves rise to $40.825 billion in September
Egypt’s net foreign reserves rose to $40.825 billion at the end of September from $40.672 billion at the end of…
Egypt’s central bank accepts contactless payments via mobile phones
Egypt's central bank said on Sunday it has approved the granting of licences to enable merchants to accept…
Remittances from Egyptians abroad grow 13.2% in FY2020/21– central bank
Remittances from Egyptians working abroad surged 13.2 percent year-on-year during the financial year 2020/2021…
Egypt’s net foreign reserves rise to $40.672 billion in August – c.bank
Egypt’s net foreign reserves stood at $40.672 billion at the end of August, up slightly from $40.609 billion in…
Egypt’s Tarek Amer named one of top 10 best central bank governors: Global Finance
Global Finance Magazine has named Egyptian Central Bank Governor Tarek Amer as one of the Top Ten Central Banks’…
