Central Bank of Egypt directs for simplified bank account opening procedures
Facilities will be provided for small companies to open accounts
Central Bank of Egypt expected to maintain base interest rates next Thursday
Main factor affecting direction of interest rates on Egyptian pound is inflation…
Egypt’s net international reserves increase to $40.2bn in February: CBE
FX reserves increase by about $363m to $35.905bn in February
CBE amends provisions of tourism initiative guaranteed by Finance Ministry
New amendment stipulates that initiative would end after exhausting amount allocated or…
CBE reveals commodity prices’ movements in January 2021
Vegetable prices fell by 23.6% for second consecutive month
Central Bank of Egypt reveals market performance indicators in September 2020
Customer deposits break EGP 5trn mark for first time in local market
CBE offers 1-year T-bills bid worth $980m on Monday
Proceeds of bid are used to pay for value of previous bid…
Environment Minister, CBE Head discuss financing waste to energy industry
Meeting came as 1st phase of projects begin with investment of $325-390m
Central Bank of Egypt to review interest rates for 1st time in 2021 on Thursday
In its last meeting for 2020, Bank decided to maintain deposit and…
Net foreign assets in banking sector rise EGP 20.991bn in December 2020
Household sector added EGP 643.108bn in local currency deposits during 2020