Central Bank expounds Egypt’s external debt in December 2022
External debt registers $162.9bn in December 2022, up by about $7.2bn, compared…
Egypt’s Central Bank to decide on EGP’s interest in the last MPC meeting of 2022
The basic interest rate has been raised by 5% in 2022
Pundits expect Central Bank to keep interest rate unchanged in 6th monetary policy meeting for 2021
MPC decided, on 5 August, to maintain basic interest rates with CBE,…
Hazem Hegazy named CEO of Al Baraka Bank Egypt subject to Central Bank approval
Hegazy has more than 30 years of experience in banking sector, especially…
Egypt’s Central Bank issues guiding principles for sustainable financing
Principles are important step in supporting Egypt’s development efforts, plans to achieve…
Egypt’s Central Bank, Communications Ministry partner to facilitate government e-payments
The Central Bank of Egypt (CBE) has signed a cooperation protocol with…
Egypt’s inflation to hover around midpoint of target 7% in Q4 of 2022: Central Bank
Monetary Policy Committee’s decisions regarding interest rate have been appropriate, consistent with…
Egypt’s Cabinet reviews Central Bank initiatives to support economic sectors
CBE serves as compass directing Egypt’s banking sector since COVID-19 outbreak, says…
Egypt’s Financial Regulator, Central Bank to establish fund to finance brokerage firms
There is increasing interest in stock market’s role in supporting Egyptian government’s…
Egyptians brace for rising prices due to fuel subsidy cuts
Egyptians are bracing for higher prices despite recent declines in food prices…