Central Bank of Egypt likely to cut interest rates by 3.5% at year-end
Central Bank of Egypt (CBE) is expected to lower interest rates by 350 basis points (equivalent to 3.5 percent) to…
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Central Bank of Egypt
Egypt’s domestic liquidity rises 21.8% at end-March: CBE
Egypt's central bank said that the country's domestic liquidity increased by 21.8 percent at the end of last March
Egypt’s banks to take Sunday and Monday off for Easter, Sham El-Nessim: CBE
The Central Bank of Egypt has designated the coming Sunday and Monday as official holidays for the banking…
Egypt’s foreign reserves increase to $42.6 bln by end-March
Egypt’s foreign reserves rose $100 million by the end of March 2018 to reach $42.6 billion, compared to $42.5…
CBE lowers interest rates 1% as inflation tumbles
The Central Bank of Egypt lowered interest rates 1% as the inflation rates keeps going downhill, for the first…
Remittances from Egyptian expats surge 29.3% in December 2017: CBE
Remittances from Egyptians abroad increased by 29.3 percent year-on-year in December 2017 to $2.6 billion, up…
Foreign holdings of Egypt debt jump to $20.3 billion: minister
Foreigners have invested a total of around $20.3 billion in Egyptian debt instruments since the central bank…
Banque Du Caire to establish a leasing arm with capital of 500 mln pounds
The Central Bank of Egypt has approved Banque du Caire’s plan to set up a financial leasing arm for the bank with…
Egypt’s foreign debt rose to $80.8 bln in Q1-FY2017/18: c.bank
The Central Bank of Egypt (CBE) revealed Wednesday that the country's foreign debt jumped to $80.8 billion during…
Egypt’s foreign reserves jump to $38.209 bln at end of Jan.: c.bank
Egypt's foreign reserves spiked to reach $38.209 billion at the end of January, up from $37.019 billion at the end…
