Annual core inflation hits 35.1% in February 2024: CBE
Annual urban inflation jumps to 35.7% in February 2024: CAPMAS
Finance Minister hails Moody’s decision, outlines future plans
Moody’s upgrades its outlook on future of Egyptian economy from negative to…
Domestic liquidity in Egyptian banking sector nears EGP 9bn in January 2024: CBE
Deposits in local currency rise by EGP 120bn to EGP 6.367trn
CBE’s interest rate hike sparks reactions from banks
Limited movement in interest rates after first two days of liberalisation
Egypt floats pound, raises interest rates by 6% to tackle inflation
The Central Bank of Egypt (CBE) announced a two-pronged approach on Wednesday,…
Dollar soars to EGP 49.5 on first day of exchange rate liberalisation
The Egyptian pound plunged against the US dollar on Wednesday, as the…
CBE decisions strike blow to black market, say banking experts
Experts praise move as crucial, positive step to eliminate speculation
NBE, Banque Misr launch new savings certificates with up to 30% return
Yield of some certificates, loan products increases automatically after CBE decides to…
ADCB, Tamweely sign EGP 100m deal to finance SMEs
Abu Dhabi Commercial Bank Egypt (ADCB) and Tamweely Microfinance have signed a…
Ministry of Finance to borrow EGP 459.5bn from local market in March
The Ministry of Finance aims to raise EGP 459.5bn in March by…