ADCB names Ahmed Mansour as Head of Digital Transformation, Banking Services Development
Abu Dhabi Commercial Bank Egypt (ADCB) has announced the appointment of Ahmed…
Major global central banks keep interest rates unchanged, CBE decision next Thursday in focus
Market indicates that CBE’s meeting will come with no surprises as inflation…
How does CBE account for decline in core inflation for fifth consecutive month?
Annual core inflation records 35.9% in November, down from 38.1% in October…
CBE reports $1.2bn rise in net international reserves since January 2023
Net international reserves reach $35.173bn in November, up from $34.003bn at 2022…
Banking expert advises against new high-yield savings certificates
Interest rate hikes deemed detrimental to economy, inflation goals, says Abdel-Aal
CBE unveils key banking indicators up to August 2023
Customer deposits climb to EGP 9.719trn, with household sector holding 75.4%
CIB champions climate initiatives at COP28 in Dubai
Egypt’s Commercial International Bank (CIB), the nation’s leading private sector bank, actively…
CBE attracts $1.09bn in bids for dollar-denominated treasury bills
The Central Bank of Egypt (CBE) announced that it received 23 bids…
Egypt’s external debt recorded $164.7bn end of June rising 5.8% Y-o-Y: CBE
Long-term debt accounted for $136.6bn, whereas short-term debt accounted for US$ 28.1bn
Financial position of banks in Egypt reaches EGP 14.473trn in August 2023: CBE
Net foreign assets of the banking sector increase by EGP 33.3bn in…