China Development Bank disburses $957mln to Egypt’s central bank
The China Development Bank (CDB) disbursed a seven billion-yuan ($956.61 million) loan agreement with the Central…
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The Central bank of Egypt (CBE)
Egypt’s tourism revenues hit $13.6bln surpassing pre-COVID levels
Egypt’s tourism sector revenues for the fiscal year 2022-2023 reached $13.6 billion and surpassed its pre-COVID-19…
Egypt to double number of tourists to 30 million by 2028 – minister
Egypt is seeking to double the number of visitors to 30 million by the year 2028, Minister of Tourism, Ahmed Issa,…
CBE governor Hassan Abdalla invites Chinese banks to tap Egypt market
Central Bank of Egypt (CBE) Governor Hassan Abdalla has invited Chinese banks to enter the Egyptian market to help…
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 offers $1.3bln T-bills
The Central Bank of Egypt (CBE) offered treasury bills (T-bills) on Sunday worth 40 billion Egyptian pounds through…
Egypt’s central bank issues $1.35bln T-bills
The Central Bank of Egypt (CBE) offered new treasury bills (T-bills) worth 42 billion Egyptian pounds in two…
CBE: monthly transactions via mobile wallets increase to EGP 100bln
The Central Bank of Egypt (CBE) announced on Thursday that the monthly transactions via mobile wallets services in…
GM Egypt eyes future expansion in local market
General Motors Egypt discussed expansion plans in the Egyptian market with Egyptian Minister of Trade and Industry…
Egypt’s current account deficit at $5.3bln in July-March 2022/23 – CBE
Egypt's current account deficit shrunk to $5.3 billion in July-March of the fiscal year 2022/23 compared to $13.6…
