51% of Egypt’s external debt owed to seven countries: CBE
37.3 percent of Egypt’s external debt comes from the Arab countries, mainly Saudi Arabia, Kuwait, and the UAE, a…
Browsing Tag
Central Bank of Egypt
Faisal Islamic Bank’s mortgage portfolio hits $112k for middle-income housing units
Egypt-based Faisal Islamic Bank’s portfolio of mortgage finances pursuant to the central bank’s initiative has…
Household sector acquires 75.3% of total deposits in banks in May: CBE
The household sector acquired 75.3% of the total deposits in banks in May, according to a recently issued report by…
Banque Du Caire H1 profits drop to $90.1 mln
Egypt’s Banque Du Caire recorded first half profits ranging between 700 and 800 million Egyptian pounds ($78.8 –…
Egyptian Life Takaful-GIG to activate bancassurance deal with NBK soon
Egyptian Life Takaful Company – GIG is entering into bancassurance partnership with the National Bank of Kuwait –…
Govt. needs of euros secured through €600m treasury bills tender: CBE
The Central Bank of Egypt (CBE) offered treasury bills worth €600m on behalf of the Ministry of Finance on Monday…
UAE’s Egypt deposit ‘timely’, contributes to pound stability: official
The latest Emirati deposit of one billion dollars to Egypt is "timely" and contributes to the stability of the…
EU investments in Egypt grow to $2.302 bln in Q3: CBE
European Union’s investments in Egypt rose by $730 million in the third quarter of the financial year 2015-2016 to…
CBE issues banknotes of EGP 352.9bn in May, reaching 12.73%
The Central Bank of Egypt (CBE) announced that the total value of banknotes issued reached EGP 352.896bn in May,…
Domestic liquidity rises to 2.044 trillion Egyptian pounds in May: CBE
Egypt’s domestic liquidity rose by 1.8 percent to around 2.044 trillion Egyptian pounds ($230.2 billion) by end of…
