Tag: Central Bank of Egypt

Egypt’s net foreign reserves rise by $128m to $45.247bn in October

It’s the highest foreign exchange reserves in Egypt’s history, covering more than…

Hossam Mounir Hossam Mounir

Issuance of executive regulation for e-payments law within weeks: CBE

Banks issued 3.5m Meeza cards until end-October, says CBE Deputy Governor

Hossam Mounir Hossam Mounir

Egypt’s foreign trade increases to $95bn in FY 2018/19: CBE

Egypt's imports scored $66.529bn, while exports reached $28.495bn between July 2018 and…

Hossam Mounir Hossam Mounir

Egypt’s tourism revenues jumped by 28.2% during last FY: CBE

Experts argue security stability is key behind hike in tourism, Sultan forecast…

Nehal Samir Nehal Samir

Credit facilities by banks fall EGP 35.2bn in July to EGP 1.8trn: CBE

Private sector receives 60.3% of total facilities, industry at the forefront of…

Hossam Mounir Hossam Mounir

Egypt’s current account records $8.2bn deficit in FY 2018/19: CBE

BOP records 0.1bn deficits, oil trade balance records $8.1m surplus, FDI net…

Hossam Mounir Hossam Mounir

Egypt has no problem in paying off its debts and foreign obligations: CBE

Abulnaga ruled out the impact of interest rate cut on foreign investments…

Daily News Egypt Daily News Egypt

Meeza card’s transactions reach EGP 2.2bn until September: CBE

This came during the event organised on Monday by the British Egyptian…

Hagar Omran Hagar Omran

Banks apply limited interest cuts after CBE slashes basic rates

Most cuts were limited to variable return certificates

Hossam Mounir Hossam Mounir

Egyptian banking sector awaits repercussions of interest rate cut

Banks will begin Sunday to discuss the fate of interest on their…

Hossam Mounir Hossam Mounir