Tag: CBE

Banknotes issuance increased by EGP 56.7bn in 2012/2013 FY

Government expenditure policies exacerbated budget deficit and increased demand for cash needed…

Sara Aggour Sara Aggour

Foreign reserves up for the first time since August

Net international foreign reserves register $17.105bn in January

Doaa Farid Doaa Farid

CBE offers up $1.5bn to banks in exceptional auction

Auction aims to support banks and their role in domestic economy, central…

Doaa Farid Doaa Farid

CBE leaves key overnight rates on hold

Reuters - Egypt's central bank kept its official interest rates on hold as expected…

Daily News Egypt Daily News Egypt

Egypt has repaid $700m to Paris Club: CBE

The Paris Club is comprised of 19 developed economies.

Daily News Egypt Daily News Egypt

Ministry of Health announces state of emergency after freezing assets of NGOs

The ministry says it is able to compensate for halted NGO health…

Fady Ashraf Fady Ashraf

Egypt’s debt in Focus

Egypt has diversified debt instruments, but still has the same creditors Interest…

Daily News Egypt Daily News Egypt

CBE extends assistance to tourism investors

The CBE announced that it will extend the “Support Tourism” initiative until…

Sara Aggour Sara Aggour

Egypt’s Bank Profits To Be Flat In 2013 – C.Bank Official

The main driver was banks' heavy investment in government T-bills and bonds,…

Daily News Egypt Daily News Egypt

Annual inflation reached 11.15% in October: CAPMAS

The urban consumer inflation rate rose to 10.4% in October

Daily News Egypt Daily News Egypt