Tag: CBE

CBE initiative set to rescue 50% of hotels nationwide

Initiative will consider promoting local industry by requiring 65% reliance on domestic…

Aisha Zidane

Egyptian economy is gaining momentum: Bank of America Merrill Lynch

With the trade in Egyptian Treasury bills (T-bills) gaining ground, the witnessed…

Mohamed Samir

Strong expectations to keep interest rate unchanged during CBE’s MPC on Thursday, despite inflation hikes

Raising interest rates will not curb inflation caused by flotation and shortage,…

Hossam Mounir

Analysts expect EGX to move sideways awaiting CBE’s decision on interest

Bourse awaits Banque du Caire placement, following approval to list its EGP…

Daily News Egypt

The initiative contributes to providing new funding opportunities for adding deposits in banks: El-Baradei 

CBE initiative to finance low- to middle-income housing is a large starting…

Hossam Mounir

Export Development Bank to increase small and midsize enterprises portfolio to EGP 5bn in 2019

The mortgage portfolio of the bank amounts to EGP 10m, and we…

Hossam Mounir

Dollar falls to its lowest level in two months, settles below EGP 18

Banks see clients disposing USD, further decline in the pipeline, says chairperson…

Hossam Mounir

Usage of cards abroad dropped by 55% following flotation: CBE

Egyptians usage of cards abroad dropped by a value of $223m in…

Hossam Mounir

Net foreign purchases of T-bills jump to $1.15bn in January

Foreign investments in debt instruments is one of the most important sources…

Hossam Mounir