AMF forecasts 4% growth for Egypt in 2017
The Arab Monetary Fund (AMF) said Wednesday it forecast Egypt’s economy to grow by 4 percent in 2017 and 4.5…
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Central Bank of Egypt
Egypt’s inflation accelerates at slowest pace in five months: CAPMAS
Egyptian consumer prices showed some signs of stability in March, suggesting that the rise in inflation triggered…
Gold holdings in Egypt’s foreign reserves hit $2.621 billion in March
Egypt’s gold holdings recorded around $2.621 billion of foreign reserves, almost 47.1 billion Egyptian pounds, at…
Fitch says currency risk still threatens Egyptian banks’ solvency
Some Egyptian banks are still at risk of struggling to meet minimum regulatory capital requirements as a…
Egypt’s foreign reserves hit six-year high in March
Egypt's foreign reserves surged to $28.5 billion at the end of March, the highest level since March 2011, a cabinet…
Central Bank of Egypt governor denies resignation
Tarek Amer, Central Bank of Egypt's governor, said in remarks to Al-Arabiya news website that he did not resign…
Deposits at Egypt banks rise 22.04% in November after pound float
The total volume of deposits at banks operating in Egypt hiked to 2.714 trillion Egyptian pounds ($150.3 billion)…
Egypt balance of payments to see $7 billion surplus in H1-FY2016/17
Egypt's overall balance of payments (BoP) registered a surplus of $7 billion in the first half of the current…
Egypt’s foreign trade reached $21 billion since currency flotation: c.bank
Egypt's foreign trade since early November – when the government floated the country's pound – until the end of…
Egyptian banks sold $21 billion to cover imports since pound float – c.bank
Egyptian banks have provided $21 billion to cover import payments since the central bank devalued pound on November…
