Tag: CBE

Egypt covers all dollar backlogs for foreign investor repatriations

In a push to restore confidence in the economy, authorities opened a…

Daily News Egypt

Egyptian banks to bid 8,000 housing units: Minister of Housing

Mostafa Madbouly coordinates with Egyptian banks to enact the central banks initiative…

Daily News Egypt

Total non-CBE banking sector deposits reach EGP 1.26tn: CBE

The report added that total non-government deposits rose during November to reach…

Daily News Egypt

Central Bank of Egypt earmarks $1.44bn for low-cost housing

Reuters - Egypt’s central bank said on Tuesday it would allocate EGP…

Daily News Egypt

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

Foreign reserves up for the first time since August

Net international foreign reserves register $17.105bn in January

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

CBE leaves key overnight rates on hold

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

Daily News Egypt

Egypt has repaid $700m to Paris Club: CBE

The Paris Club is comprised of 19 developed economies.

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