Egypt central bank delegation explores Sweden’s financial inclusion experience
An Egyptian central bank delegation on Wednesday arrived in Stockholm, aiming to get insights into regulatory,…
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Central Bank of Egypt
C.bank of Egypt unveils Ramadan working hours
Central Bank of Egypt (CBE) announced Tuesday working hours during the holy month of Ramadan will start at 9:00 am…
Egypt to settle $850 mln among IOCs dues: CBE’s governor
Egypt will pay off $850 million in arrears owed to international oil companies (IOCs) operating in the country,…
Egypt’s expats remittances rise 11.6% in February: c.bank
Remittances from Egyptian expatriates increased by 11.6 percent, recording $2 billion during February 2018,…
Egypt to reduce budget deficit by 6.2% in FY2019/20: CBE
Egypt's government is targeting to cut the budget deficit by 6.2 percent of the country’s total gross domestic…
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…
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…