Tag: CBE

Egypt’s net foreign reserves rise by $128m to $45.247bn in October

It’s the highest foreign exchange reserves in Egypt’s history, covering more than…

Hossam Mounir

Issuance of executive regulation for e-payments law within weeks: CBE

Banks issued 3.5m Meeza cards until end-October, says CBE Deputy Governor

Hossam Mounir

Remittances from Egyptian expats rose to $4.4bn in July and August: CBE

Remittances of Egyptians working abroad are one of Egypt's most important foreign…

Hossam Mounir

Banks in Egypt inject EGP 144.2bn to finance MSMEs from Dec. 2015 to June 2019: CBE

Service sector received EGP 62.2bn banking funds, while industrial sector got EGP…

Hossam Mounir

Egypt’s foreign trade increases to $95bn in FY 2018/19: CBE

Egypt's imports scored $66.529bn, while exports reached $28.495bn between July 2018 and…

Hossam Mounir

EGP to average EGP 17.11 against US dollar in FY 2020/21: CI Capital

CBE to keep rates on hold in November, December

Doaa Elboraie

Egypt’s external debt jumps to $108.bn end-June: CBE

The CBE noted that debt services reached $13.4bn in fiscal year 2018/19,…

Hossam Mounir

Sigma Capital sees CBE cutting reserve requirement from 14% to 10% again

This step after low inflation leads to an increase in money supply…

Hossam Mounir

20 banks finance 254,200 beneficiaries by EGP 24.6bn in CBE’s mortgage finance initiative 

8 companies inject EGP 1.5bn, Taamir Mortgage tops with EGP 551.6m with…

Hossam Mounir

Egypt’s Long-term external debt at 87%: Amer

13% of short-term debts are deposits from Arab countries that are renewed…

Hossam Mounir