Market welcomes CBE’s decision to end foreign investors funds repatriation mechanism
Decision planned since flotation in November 2016, we aim to direct investment…
EGP liberalisation eliminated all FX shortage
Egypt's payments balance achieved overall surplus of $12.8bn, 5.1% of GDP for…
FocusEconomics forecast CBE cut overnight deposit rate to 14.25% in CY 2019, 11.71% in CY 2020
Total investment to grow10.5% in FY 2019, 9.9% in FY 2020
Credit facilities granted by banks to clients increase by EGP 28.2bn in Q3 2018
Private business sector obtains 61.3% of these facilities, industry sector benefit most,…
EU strengthens CBE’s efforts on financial inclusion, banking supervision
Egyptian women’s financial inclusion also high priority, number of initiatives being implemented…
Egypt shares to move sideways as CBE leaves interest rates on hold
EGX30 closed almost flat last week as foreign investors book gains awaiting…
CBE reviews interest rates on Thursday
MPC cut interest rates twice this year, kept them unchanged during 4…
CBE to apply new obligatory entrepreneurship certification for bankers
Bank currently preparing another certification for business development services
Highest level of FX reserves in history reached by end of October
CBE: $86m increase in value of gold, foreign currencies balance down by…