Tag: CBE

Procedures for 1st mortgage union to be finalised before Ramadan: EFSA Head

CBE allocates EGP 10bn to revive mortgage initiative, expected to be spent…

Shaimaa Al-Aees Shaimaa Al-Aees

World Bank to present mortgage system plans in Egypt

Bank participates in social housing programme providing $500m towards 1m housing units…

Shaimaa Al-Aees Shaimaa Al-Aees

CBE decreases issuance of weekly FX auctions

The step was taken to increase the supply of the US dollar…

Menna Samir Menna Samir

Egypt’s foreign reserves post largest rise since December 2011

International foreign reserves jumped to $20.5bn at the end of April 2015,…

Menna Samir Menna Samir

EFSA preparing  1st real estate financing federation elections

The Egyptian Financial Supervisory Authority (EFSA) is participating in the “Mortgage Development…

Daily News Egypt Daily News Egypt

$6bn in Gulf deposits temporarily eases Egypt’s economic burdens

Analysts say GCC deposits beef-up foreign reserves and boost local currency

Dahlia Kholaif Dahlia Kholaif

CBE reduces commission of credit letters to facilitate imports

Egypt’s imports face decrease, suffer from dollar shortage, says Chief of Importers…

Mohamed Ayyad Mohamed Ayyad

CBE maintains key interest rates

The CBE also kept the discount rate unchanged at 9.25%.

Daily News Egypt Daily News Egypt

Only government has solutions: Moustafa Hussien

Dollar crisis hampers automotive market completely

Daily News Egypt Daily News Egypt

EFI, CBE meeting on cashless society proposal postponed

Draft law will help stabilise Egyptian economy and organise market and economic…

Shaimaa Al-Aees Shaimaa Al-Aees