Outstanding treasury bills, bonds valued at EGP 3.96trn in June 2022: Finance Ministry
According to a report released by the ministry on its website on…
Acting CBE Governor kicks off tenure with reassurance message: Egyptian banking system accustomed to overcoming challenges
This difficult stage requires concerted efforts to develop banking sector, everyone should…
Central Bank expounds Egypt’s external debt in 1Q 2022
External debt registers $157.8bn, of which $131.4bn (83.3%) is long-term debt, while…
Volume of Islamic banking in Egyptian market reached EGP 443bn by end of June
Faisal Islamic Bank of Egypt is in first place with a business…
Egyptian remittances increase 1.6% to $31.9bn in FY2022: CBE
Remittances reached $31.4bn, $27.8bn in FY2021, FY2020, respectively
HDB expands its integrated banking activities, records strong growth in 1H 2022
Bank achieved standalone profit of EGP 1.2bn in June 2022, increase of…
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…