New Era for Egypt: Ban on cryptocurrencies to be lifted
Egypt’s ban of cryptocurrencies is due to be lifted, meaning companies that…
CBE allocates EGP 50bn for mortgage finance for middle-income people
A mini committee was formed including representatives of the CBE, banks operating…
Al-Sisi appoints Fakhry Elfiky as CBE’s board member
Elfiky has a 35-year international experience in the fields of economic and…
New Banking Law prohibits establishment or operation of platforms for issuing, circulating e-currencies without license
Law grants CBE's board right to issue regulation, circulation, dealing rules with…
Banks’ credit facilities see EGP 206.7bn increase in last 8 months: CBE
Private enterprise sector denominates 60.8% of total facilities, with industry in lead
New Banking Law requires 25 banks, 4 foreign branches to raise capital
Banks such as IDB, ABE, ELAB, EBE do not fall under the…
US dollar loses over EGP 1 of its value since start of year
Expectations for US dollar to reach EGP 16.5
Banking draft law will not impose term limits on state-owned banks’ board members: source
The source explained, in a statement to the Middle East News Agency,…
Pundits expect CBE to hold interest rates unchanged on Thursday
April's inflation slowdown is temporary, may pick up again by end-May: analysts,…
Egypt’s domestic debt exceeds EGP 4tn in December 2018: CBE
The CBE said in its monthly report on Tuesday that the domestic…