Egypt’s new Central Bank Governor has 3 important files to address
CBE has to develop monetary policies, provide various sources of foreign exchange,…
CBE to discuss raising key interest rates on Thursday
Market expectations vary regarding the upcoming decision of the MPC
35.8% decrease in Egypt’s trade deficit in May 2022
The trade deficit reached $2.61bn during May 2022, versus $4.06bn in May…
Central Bank of Egypt justifies high inflation in July 2022
July's inflation was mainly impacted by increase of core food, retail, and…
Central Bank of Egypt Governor resigns
Hassan Abdalla, Hisham Okasha, Hala El-Said, Rania Al-Mashat top the list of…
saib achieves $16m net profit in June 2022, marking 79% growth
220% growth in online banking payments to EGP 411m in 1H 2022
Foreign investments in local treasury bills increased by EGP 6.5bn in June 2022: CBE
Foreign investments in local treasury bills also recorded their highest level in…
Egypt’s unemployment rate unchanged at 7.2% in 2Q 2022: CAPMAS
Labour force increases to 29.985 million individuals in 2Q 2022, compared to…
CBE reveals bank performance indicators in April 2022
Total financial position of banks increases to EGP 9.626trn, with total capital…
Annual urban inflation in Egypt increases to 13.6% in July 2022
Monthly core inflation, computed by CBE, records 1.5% in July 2022