Egyptian banking sector’s net foreign assets rise to EGP 644.7b in July
Egypt's net foreign assets (NFAs) rose for the third consecutive month in July 2024, reaching a record high of…
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Egypt’s Central Bank (CBE)
Egypt’s NFAs remain in positive zone in June – CBE
Egypt's net foreign assets (NFAs) fell by 49.76 billion Egyptian pounds in June to 626.6 billion pounds ($13.05…
Egypt CBE: interbank transactions surge to EGP 44.9t
Egypt’s central bank said the value of interbank payments in local currency on the Real Time Gross Settlement…
BREAKING: Egypt’s central bank hikes key interest rates by 200 bps
Egypt’s central bank has on Thursday hiked its key interest rates by 200 basis points in its first monetary policy…
BREAKING: Egypt’s central bank keeps key interest rates unchanged
Egypt’s central bank has on Thursday kept its key interest rates unchanged in its penultimate monetary policy…
Egypt’s central bank says net profit hit EGP 14.5 billion at August-end
Egypt’s central bank has posted a net profit of 14.538 billion Egyptian pounds ($470.5 million) in August, from…
CBE eases banking access for illiterate, elderly
The Central Bank of Egypt (CBE) introduced new facilities on Tuesday to help illiterate and elderly customers (65+…
Egypt’s central bank to set up financial digital identification company
Egypt’s central bank plans to set up a new firm for financial digital identification, according to its financial…
Crédit Agricole Egypt denies talk of due diligence on United Bank
Crédit Agricole Egypt denied a report on Monday it was undertaking due diligence on the potential acquisition of…
Egypt’s central bank offers $1.3bln T-bills
The Central Bank of Egypt (CBE) offered treasury bills (T-bills) on Sunday worth 40 billion Egyptian pounds through…
