Gold value increases to $2.45bn in foreign exchange reserves by late January 2017
A report published by the CBE on Sunday revealed that foreign exchange…
International reserves reach $26.363bn in January, increase by $2.1bn
The Central Bank of Egypt has announced on Sunday that Egypt’s international…
IDWBE negotiates with international companies to reform administrative structure
I assumed chairmanship of the bank in April 2016 with deferred losses…
Bank loans increased by EGP11bn during October
Non-governmental loans recorded EGP 786.4bn in October
Foreign investments in treasury bills hike to EGP 7.8bn during November
Private banks’ investments in treasury bills increased by EGP 10.90bn during November
Increase of EGP 38.4bn in total credit facilities granted by banks to customers from July to October: CBE
The private sector acquires 59.6% of total credit facilities
14 banks finance 62,000 housing units with EGP 5bn within CBE initiative: Abdel Hameed
Head of the Mortgage Finance Fund Mai Abdel Hameed said that 14…
Economic reform programme was a necessity, Egypt reached point of no return mid-2016: Abou El Oyoun
It was either reform or the halt of serving loans and an…
Parliament demands CBE provide detailed report on Egypt’s foreign debt, repayment schedule
CBE governor said IMF estimates value of Egyptian pound at EGP 11-11.5…
The reason behind the rise of Egypt’s foreign currency reserves remains unknown
Since the 25 January Revolution in 2011, Egypt’s foreign currency reserves were…
