Tag: Central Bank of Egypt

Government debt to GDP in Egypt declines to 91% in Q1 of 2019 y-o-y: IIF

The state’s household debt to the GDP slightly decreased to 7.2% in…

Daily News Egypt

Capital re-flows into EMs starting Q1 of 2019, 11 months after fleeing: CBE

Direction of capital flows depends on outlook for economic activity rate of…

Hossam Mounir

Rate cut essential to support growth, reduce debt service burden: Beltone

Research note affirms strong expectations of interest rate cut by 100 bps…

Hossam Mounir

Net consolidated profits of QNB end of June 2019 reach EGP 4.217bn

Bank accounts for 7.82% of loans, 5.17% of deposits in Egyptian banks…

Hossam Mounir

Beltone expects CBE to keep interest unchanged

Investment bank expects inflation to temper at 13.3% in Q3 of 2019

Hossam Mounir

Gold in FX reserves up by $69m in June 2019

FX reserves increased to $44.352bn end of May: CBE

Hossam Mounir

HC expects CBE’s MPC to keep interest rates unchanged

New electricity, fuel prices will hike monthly inflation: Saada

Hossam Mounir

BOP overall deficit records $351.2m in July/March of FY 2018/19

The CBE revealed that the current account deficit registered $7.6bn and the…

Daily News Egypt

CBE confirms strength of banks’ financial positions by end of 1st quarter of this year

The CBE noted that banks secured provisions of 98% of total NPLs…

Hossam Mounir

New Era for Egypt: Ban on cryptocurrencies to be lifted

Egypt’s ban of cryptocurrencies is due to be lifted, meaning companies that…

Daily News Egypt