Egypt’s CBE launches initiative to ensure import operations are carried out using documentary credits
The initiative targets customers who have a history of importing through collection…
Suez Canal Bank records 6% by end of 2021
The bank injected EGP 2bn into the initiatives of the Central Bank…
CBE’s FinTech Egypt releasing first comprehensive report providing overview of unprecedented growth of FinTech in Egyptian market
The report’s release is within the CBE’s efforts to promote and support…
Keeping policy rates unchanged remains consistent with achieving the CBE’s next inflation target
Domestic economic activity is expected to record robust growth figures along the…
Egypt aims to expand in financing technological, innovative projects: Gamea
Venture capital programme worth $50m launched to finance new, existing investment funds
CBE reveals reasons for high inflation in January 2022
Annual urban inflation increases to 7.3% in January 2022 from 5.9% in…
CBE to stop accepting documentary collection in import operations
Branches of foreign companies will be exempted from this decision
63.1% decrease in trade deficit during November 2021
The value of exports increased by 80.6% to $4.48bn in November 2021,…
Agricultural Bank considers financing solutions for land reclamation in development areas
Bank aims to be leading development institution supporting state efforts: Chairperson Farouk
CBE receives 33 offers worth $1.298bn to cover US dollar-denominated T-bill issuance
The CBE launched this tender on Monday at a value of $1.05bn…