Egypt pays foreign debts of $1.3 bln during H1 of FY 2018/2019
Egypt's pays foreign debts of $1.3 billion at the first half of FY 2018/2019 compared with $1.2 billion in the…
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Central Bank of Egypt
Egypt posts $2.8bln net FDI during 1H of FY 2018/2019: CBE
Egypt's net Foreign Direct Investment (FDI) registered $2.8 billion according to the balance of payments initial…
CBE studies establishing African credit rating agency
The Central Bank of Egypt is currently conducting studies to establish an African credit rating agency, Naglaa…
CBE set to issue Aman certificate for non- gov’tal categories
The Central Bank of Egypt (CBE) gave the green light to four banks to issue Aman certificate for non-governmental…
CBE imposes sanctions on 28 exchange companies during 2018
The Central Bank of Egypt (CBE) imposed punishments on 28 foreign exchange companies for violating rules during…
Egypt’s foreign reserves post $44.06B in February
Egypt’s foreign reserves rose by $1.4 billion by the end of February 2019 to reach $44.06 billion, compared to…
Egypt forbids circulation of currency with text phrases
The Central Bank of Egypt (CEE) banned the circulation of any paper currency with text phrases, according to Extra…
Sisi directs Egypt’s c.bank to reduce interest rate on youth loans
Egypt's President Abdel-Fattah El-Sisi wants the interest rate on loans to young people to be reduced to 5 percent,…
CBE launches Nilepreneurs to support entrepreneurs, SMEs
The Central Bank of Egypt launches a national initiative to support entrepreneurs and small and medium enterprises…
1st phase of export risk guarantee firm finalised: Egypt’s c.bank
With the help of the African Export-Import Bank (Afreximbank), the Central Bank of Egypt has completed phase one of…
