Egypt’s external debt rises to $134.8 billion at March-end
Egypt’s external debt rose 21.15 percent year-on-year to $134.8 billion at the end of March from $123.5 billion in…
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Central Bank of Egypt
Foreign investments in Egyptian treasuries hit $20.79 billion at end April
Foreign investments in Egyptian treasuries rose to $20.79 billion at the end of April, according to recent central…
Egypt c.bank launches a new mortgage finance initiative for low- and middle-income…
Egypt's central bank has launched on Sunday a new mortgage finance initiative on President Abdel Fattah al-Sisi…
Egypt’s central bank extends two debt relief initiatives due to pandemic
Egypt’s central bank has extended two debt relief initiatives for additional 6 months which were launched earlier…
Egypt’s current account deficit jumps in April-June
Egypt’s current account deficit mushroomed in the April-June quarter to $3.83 billion from $1.09 billion a year…
CIB waiting for CBE audit report after chairperson’s resignation
The Commercial International Bank – Egypt (CIB) is anticipating an audit report by the Central Bank of Egypt (CBE),…
Egypt’s Amer calls for huge IMF, World Bank rescue package for Africa
Central Bank of Egypt Governor Tarek Amer has called on the IMF and the World Bank to extend more than USD 500 bn…
Egypt sees portfolio investment outflows of $7.9bn in July/March of FY20
Egypt's portfolio investment registered net outflows of $7.9 billion from July to March of the financial year…
Egypt’s MoneyFellows platform secures $4mn for money circle digitisation
Egyptian fintech platform MoneyFellows has secured $4 million in Series A investment from venture capital companies…
Egypt’s c.bank to not introduce more interest rate cuts – EFG Hermes
Central Bank of Egypt (CBE) is not expected to introduce more cuts in the key interest rates, notably with the…