Tag: CBE

Remittances from Egyptian expats hike to $6.7bn in 1Q20: CBE

Moreover, the remittances of Egyptian expats in September hiked about $2.3bn, recording…

Hossam Mounir

US dollar continues to trade below EGP 16

Why the US dollar broke the EGP16 barrier and where to next?

Hossam Mounir

CBE increases value of its tourism support initiative to EGP 50bn

Bank to exempt pre-2011 defaulters in tourism sector from marginal interests on…

Nehal Samir

Crédit Agricole Egypt transforms club memberships into prepaid cards

One-third of bank’s customers has beem registered in its e-services

Hossam Mounir

The Industry Support Initiative increases the rates of economic growth and GDP to 7.5% annually: CBE’s Deputy Governor 

The initiative will benefit about 96,000 factories that meet the conditions for…

Daily News Egypt

CBE offers $1bn in 1-year T-Bills

CBE floated five bill tranches worth $5.1432bn in 2019

Hossam Mounir

Amer starts second term in CBE by launching three initiatives to support industry, medium income housing

Directives from president to allocate EGP 100m for industry sector, EGP 50bn…

Hossam Mounir

Egypt’s FX reserves increase by $319m in November

 Gold reserves decline, SDR countered FX hike, curbing net foreign reserves increase…

Hossam Mounir

Egypt’s government, CBE prepare to launch manufacturing support initiative

The initiative is expected to be announced next Wednesday 

Hossam Mounir