Central Bank of Egypt directs for accelerating financial transfers
Intra bank transfers to be carried out in 2 hours, while interbank…
Egypt’s net international reserves rise to $40.062bn in December 2020
FX reserves increase by about $364m to $35.399bn in December
Central Bank of Egypt issues instructions to manage operating risks at banks
The Central Bank of Egypt (CBE) has issued new instructions regarding the…
Egypt’s central bank allocates EGP 15bn to finance dual-fuel vehicle conversions
According to the central bank imitative loan period ranges from seven to…
Central Bank of Egypt receives 35 bids worth $1.0511bn for latest T-bills tender
The Central Bank of Egypt (CBE) has announced it has received 35…
Central Bank of Egypt extends initiatives to support individual, tourism defaulters until June
The Central Bank of Egypt (CBE) has decided to extend its initiatives…
Central Bank of Egypt to issue $850m worth T-bills tender on Monday
The Central Bank of Egypt (CBE) will issue, on Monday, a tender…
MSMEDA provides EGP 3.7bn in funding to youth projects during 11M 2020
The Micro, Small, and Medium Enterprises Development Agency (MSMEDA) provided EGP 3.7bn…
Egypt eyes EGP 647.5bn from T-bills, bonds issuances during 3Q 2020/21
Total of 52 T-bills bids worth EGP 463.5bn, 32 bids for bonds…
High solvency, liquidity enable Egypt banking sector to function successfully amid COVID-19: Central Bank
Banking sector has witnessed high financial stability in past years, allowing it…