Egypt names AAIB’s Hassan Abdalla as central bank senior aide governor: sources
Hassan Abdalla, chief executive of the Arab African International Bank (AAIB) has been appointed as the senior…
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Central Bank of Egypt
Currency in circulation outside Egypt banks 9.4% of GDP in Q1
Funds in circulation outside Egypt-based banks fell to 9.4 percent of the country’s GDP in the first quarter of the…
Egyptian bank deposits rise 6.2% in five months – CBE
Egyptian bank deposits rose 6.2 percent in the first five months of the year to 3.536 trillion Egyptian pounds…
CBE Egypt likely to keep interest rates steady despite Turkish lira crisis
The Central Bank of Egypt's monetary policy committee is expected to keep interest rates unchanged when it meets on…
Arab investments in Egypt fell to $500 mln as of end-March: c-bank
Arab countries’ investments in Egypt fell to $500 million in the third quarter of the 2017/18 financial year,…
Egypt’s domestic debt at 3.536 trillion pounds as of end March
Egypt’s domestic debt rose to 3.536 trillion Egyptian pounds ($197.5 billion) by the end of March, up from 3.414…
IMF hails CBE Egypt’s monetary policy
International Monetary Fund (IMF) Mission Chief for Egypt Subir Lall said on Tuesday that the monetary policy…
CBE Egypt receives Afreximbank’s $400mn loan to fund small businesses
The Central Bank of Egypt has received a $400 million 12-month loan from the African Export and Import Bank…
Egypt expats’ remittances jump 48.2% in first 10 months of FY2017/18
Remittances from expatriate Egyptians jumped by 48.2 percent in the first 10 months of the 2017-2018 financial year…
Egypt net foreign reserves surge to $44.25 bln at end-June – c.bank
Egypt’s net foreign reserves surged to $44.258 billion at the end of June from $44.139 billion at the end of May,…
