Why Egypt’s inflation declined in April 2023? CBE explains
The annual headline urban inflation decelerated to 30.6% in April 2023 from…
CIB reports consolidated net income of EGP 6.06bn in 1Q 2023
The Commercial International Bank (CIB) Monday announced that its first-quarter 2023 consolidated…
Al-Hini elected as HDB’s non-executive chairperson, Ghanem re-elected as CEO
The Housing and Development Bank (HDB) has announced that Basil Al-Haini was…
Does the dropping inflation give CBE opportunity to raise interest rates?
MPC will hold its third periodic meeting in 2023 this week to…
Annual urban inflation slows to 30.6% in April 2023
Annual core inflation records 38.6% in April 2023
HDB offers new savings certificate with 20% yield
Minimum purchase price for new certificate is EGP 100,000
Mohamed Korayem appointed as CEO and Managing Director of I-Score
Sionara Al-Asmar named Deputy Managing Director
Most prominent BoP indicators show improvement in 1H 2022/23: CBE
This was largely attributed to the decline in the trade deficit by…
$548m increase in Egypt’s international reserves in 4 months: CBE
International reserves record $34.551bn in April 2023, compared to $34.003bn in December…
Domestic liquidity in banks records about EGP 8trn in 1Q 2023: CBE
Domestic liquidity increased by about EGP 562.3bn in 3 months