CBE extends initiative to support tourism sector until end-December 2019
The Central Bank of Egypt’s (CBE) board of directors decided to extend…
Banks allocate EGP 114.602bn to face doubtful debts end-September: CBE
The ratio of non-performing loans up to 4.4% of total loans in…
Inflation includes Brent crude price rising to $76.7: CBE
Government aims to curb overall budget deficit to 8.4% of GDP in…
FX Reserves to external debt highest in 6 years: CBE
An additional $12.7m new increase in FX reserves, reaching $44.513bn by the…
CBE officials unveil reason to end mechanism of foreign investors funds’ transfers
Removal of limits on FX transactions restore confidence in banking sector: Negm
Market welcomes CBE’s decision to end foreign investors funds repatriation mechanism
Decision planned since flotation in November 2016, we aim to direct investment…
EGP liberalisation eliminated all FX shortage
Egypt's payments balance achieved overall surplus of $12.8bn, 5.1% of GDP for…
FocusEconomics forecast CBE cut overnight deposit rate to 14.25% in CY 2019, 11.71% in CY 2020
Total investment to grow10.5% in FY 2019, 9.9% in FY 2020
Credit facilities granted by banks to clients increase by EGP 28.2bn in Q3 2018
Private business sector obtains 61.3% of these facilities, industry sector benefit most,…
EU strengthens CBE’s efforts on financial inclusion, banking supervision
Egyptian women’s financial inclusion also high priority, number of initiatives being implemented…