Tag: CBE

Egyptian remittances increase 32.4% to $15.5bn in 7M 2024: CBE

The Central Bank of Egypt (CBE) revealed that Egyptian expatriates’ remittances increased…

Hossam Mounir

CBE hosts first Egypt Fraud Combating Forum

The Central Bank of Egypt (CBE), in collaboration with Visa, hosted the…

Daily News Egypt

Gold prices in Egypt drop 1.3% over last week

Gold prices in Egypt continued to fluctuate below EGP 3,400 per gram…

Daily News Egypt

CBE expects significant inflation decline in early 2025

The Central Bank of Egypt (CBE) has projected a significant decrease in…

Hossam Mounir

Egyptian banking sector’s financial position surges to EGP 18.387trn in April 2024: CBE

The Central Bank of Egypt (CBE) has revealed a surge in the…

Hossam Mounir

CBE to decide on interest rate today amid expectations of third consecutive hold

The Central Bank of Egypt (CBE) will determine on Thursday, the fate…

Hossam Mounir

Egypt to launch first digital bank by Q4 2024 following CBE’s approval

The Information and Decision Support Center (IDSC) of the Egyptian Cabinet has…

Hossam Mounir

Ministry of Finance to issue EGP 506.5bn in T-bills, bonds in September

The Egyptian Ministry of Finance plans to issue 26 treasury bills and…

Hossam Mounir

Egyptian banking sector records $13.25bn NFA surplus in July, marking continued growth

The Central Bank of Egypt (CBE) announced that the net foreign assets…

Hossam Mounir

CBE reports first profit in seven years, EGP 22.834bn in June 2024

The Central Bank of Egypt (CBE) has announced a net profit of…

Hossam Mounir