Tag: Central Bank of Egypt

Is Egypt ready for Electronic Payments Law as it comes into force?

All bodies subject to this law shall comply with its provisions within…

Hossam Mounir

CBE to renew up middle housing projects initiative in July: REDC

Banking sector representatives express their appetite on financing real estate 

Hagar Omran

Capital flows will be linked to three factors: CBE

January 2019 saw return of capital to EM since exodus in February…

Hossam Mounir

Egypt, IMF discuss future cooperation after loan ends: Amer

Tourism revenues estimated at $10-12bn this year, targeted to reach $20bn annually

Shaimaa Al-Aees

Egypt’s foreign exchange inflows hit $150bn since November 2016

Washington, DC- Foreign exchange flows received by the Central Bank of Egypt…

Shaimaa Al-Aees

Egypt’s core inflation softened to 8.9%, CPI annual inflation records 13.8% in March

The Central Bank of Egypt (CBE) said that Egypt’s annual core inflation…

Daily News Egypt

Egypt’s tourism revenues hike by 38.7% during H1 of current FY: CBE

Experts contend entry of new source markets, state's political, security stability behind…

Nehal Samir

Fixing 95 octane’s price supports chance for 1% interest cut during CBE’s meeting in May ‘19: Beltone

Decision confirms our vision to contain inflationary pressures in H1 of 2019

Hossam Mounir

Banks operating in Egypt are strong, safe: CBE

NPLs down to 3.9% of total loans by end-2018

Hossam Mounir

Banks supported their capital by EGP 9.69bn in 2018: CBE

Value of financial position of Egyptian banking sector’s units increases by EGP…

Daily News Egypt