Egypt’s annual urban headline inflation rises to 15% in Spetember
This is its highest level since November 2018
CBE launches Financial Inclusion Strategy 2022-2025
The Financial Inclusion Strategy was developed on a scientific foundation, based on…
Banks in Egypt set withdrawal limits on using ATM cards abroad to ease pressure on FX reserves
Steps comes after spotting manipulation practices
CBE assets reach EGP 2.986trn in June 2022
Bank’s contributions to capital of international financial institutions record EGP 15.711bn in…
Banks looking to raise interest rates on USD certificates by Sunday
Recently, the NBE announced that it would adjust the interest rates on…
Outstanding balance of domestic T-bills, bonds reaches EGP 4.145trn in August 2022: Finance Ministry
Outstanding balance of T-Bills in August amounted to about EGP 1.618trn
Domestic liquidity in Egyptian banking sector increases to EGP 6.808trn in August 2022: CBE
Volume of non-governmental bank deposits in local currency increased to EGP 5.128trn
Government plans to borrow EGP 878.5bn through issuing securities locally in 2Q 2022/23
Ministry of Finance aims to offer 52 T-bill issuances worth of EGP…
Banks operating in Egypt tend to replace LIBOR with SOFR as reference rate for dollar certificates, deposits
Banks in Egypt will modify rates on dollar certificates in line with…