Banks Remittances of Egyptians abroad registers $6 bln in 3 months Yomna Yasser Dec 11, 2017 0 Remittances of Egyptians abroad continued to increase as it registered $5.9 billion in the first quarter of (Q1) of…
Banks Central bank of Egypt says balance of payments rise to $5.1 bln Yomna Yasser Dec 11, 2017 0 The Central Bank of Egypt (CBE) stated that the total surplus of Egypt’s balance of payments rose to $5.1 billion…
Banks Foreign reserves increase to $36.723bn by end-November: Egypt’s c.bank Yomna Yasser Dec 6, 2017 0 Egypt's foreign reserves increased to $36.723 billion by end of November, up from $36.703 in October, the Central…
Banks Net foreign reserves rise to $20 million in November: Egypt’s c.bank Yomna Yasser Dec 5, 2017 0 The Central Bank of Egypt (CBE) said that the country’s net foreign currency reserves rose to $20 million at the…
Banks Egypt’s Central Bank removes cap on deposit, withdrawal of companies aya salah Nov 28, 2017 0 The Central Bank of Egypt (CBE) decided on Tuesday to cancel maximum limits on dollar cash deposit and…
Tech news Central Bank of Egypt approves increasing mobile cash transfer limit Yomna Yasser Nov 20, 2017 0 Central Bank of Egypt approved increasing caps on cash withdrawals and depositing under mobile-phone cash transfer…
Banks Egypt’s Q4 GDP growth highest since 2009: c.bank Yomna Yasser Nov 19, 2017 0 Egypt’s economy grew at its fastest pace in 7 years during the fourth quarter of the 2016/2017 financial year, its…
Banks Central bank of Egypt holds interest rates as expected Yomna Yasser Nov 18, 2017 0 Central Bank of Egypt (CBE) kept interest rates unchanged as expected on Thursday, concluding that further…
Banks Deposits at Egypt banks hit new high at August-end Yomna Yasser Nov 15, 2017 0 Deposits at banks operating in Egypt hit new record, rising to 3.124 trillion Egyptian pounds ($177 billion) at the…
Banks C.bank says Egypt signs $3.1bn funding deal for reserve boost Yomna Yasser Nov 15, 2017 0 Egypt has signed a $3.1 billion financing agreement with international lenders as part of its efforts to increase…