Tag: Central Bank of Egypt

CBE considers 4 scenarios for future of the Egyptian pound against the dollar

The CBE is awaiting the entrance of US dollar flows estimated at…

Hossam Mounir

Bank loans to customers increase by EGP 13.2bn in April: CBE

Private sector received 74.8% of total loans

Hossam Mounir

The government asks for money, simply because it can: economics professor

Poor financial planning, using loans in the wrong projects are the largest…

Hisham Salah

Egypt external debt rises despite risks: experts

The domestic public debt also increased to EGP 2.496tn as of the…

Daily News Egypt

Experts forecast further devaluation of Egyptian pound: CFA Society Egypt

On 3 July, governor of the CBE Tarek Amer alluded to a…

Shaimaa Al-Aees

SME financing ramps up in Egypt

Small and medium-sized enterprises (SMEs) have aided Egypt’s economic recovery, but there…

Nicholas Mehling

Will CBE devaluate the pound on Tuesday?

The market awaits the launch of the first post-Eid dollar tender to…

Hossam Mounir

January 1899 saw the 1st Egyptian paper banknote, EGP 200 bill issued in April 2007

5 January 1899 saw the issuance of the first Egyptian paper banknote,…

Hossam Mounir

Printing cash done in accordance to regulations, commitment to economic, legal measures: CBE

The annual growth of banknote issuance is usually proportionate to annual GDP…

Hossam Mounir

EGX expected to move between 7,050 and 7,300 points this week

EGX closed at 7,182.8 points on Monday, with a 2.88% increase.

Mohamed Ahmed