Tag: The Central Bank of Egypt

$52m increase in Egypt’s foreign exchange reserves to $44.11bn end-March 2019

The Central Bank of Egypt (CBE) has revealed an increase in foreign…

Hossam Mounir Hossam Mounir

Merchandise export earnings increase by $2.2bn in H1 of FY 2018/19: CBE

Balance of petroleum trade achieves surplus for first time in 4 years,…

Hossam Mounir Hossam Mounir

CBE demands from banks to increase funding to agricultural sector

Banks to fund cooperatives in small enterprises initiative with interest rate discount…

Hossam Mounir Hossam Mounir

CBE aims to transform Egypt into regional centre for new generation of EFS: Ayman Hussein

Bank to establish centre for innovative fintech solutions, allocates EGP 1bn to…

Daily News Egypt Daily News Egypt

CBE, AFI co-organise working group meetings in Cairo

The Central Bank of Egypt (CBE) and the Alliance for Financial Inclusion…

Daily News Egypt Daily News Egypt

CBE, government welcome parliament’s approval of E-Payment Law: CBE’s deputy governor

The Central Bank of Egypt (CBE) welcomed the parliament’s approval of the…

Daily News Egypt Daily News Egypt

For first time, CBE instructs banks to protect clients’ rights

Instructions have been in effect since 13 February, banks were given one-year…

Hossam Mounir Hossam Mounir

CBE to finalise study for establishment of exports guarantee firm in Q1 2019

Bank considers granting licenses to international banks, fully coordinates with government to…

Hagar Omran Hagar Omran

CBE’s sets inflation target at 9% on average during Q4 of 2020

Core inflation slipped to 7.9% in November from 8.9% in October 2018,…

Fatma Elkholosy Fatma Elkholosy

CBE extends initiative to support tourism sector until end-December 2019

The Central Bank of Egypt’s (CBE) board of directors decided to extend…

Hossam Mounir Hossam Mounir