Tag: CBE

Balance of Payments registers deficit of $3.7bn in first quarter of FY 2015/2016: CBE

The Central Bank of Egypt (CBE) announced Wednesday that the Balance of…

Mohamed Ayyad Mohamed Ayyad

Stock market expected to decline due to increase in interest rates

Stock exchange to face short wave of profits as a result of…

Mohamed Ahmed Mohamed Ahmed

Global challenges may affect Egypt’s GDP growth: CBE

Monetary Policy Committee increased pound’s interest rate to counter inflationary pressures

Hossam Mounir Hossam Mounir

State, CBE, target macroeconomic stability in new programme

The Monetary Policy Committee raised the rate of the CBE’s main operation…

Hossam Mounir Hossam Mounir

CBE pumped $8.3bn to cover imports between 29 October and 12 December: Amer

The Central Bank of Egypt (CBE) has pumped $8.3bn between 29 October…

Hossam Mounir Hossam Mounir

Egypt imported $3.2bn worth of passenger cars in 2015: CBE

Egypt witnessed excessive importing, which negatively affected local industries, says Deputy Governor

Hossam Mounir Hossam Mounir

CBE sets new regulations for imports

We work to protect the domestic industry and ensure its competitiveness against…

Hossam Mounir Hossam Mounir

Amer informs Ministry of Finance of banks’ rejection of VAT

A high-level meeting was held between Ministry of Finance and CBE to…

Hossam Mounir Hossam Mounir

Banks take steps to support tourism after new CBE initiative

Measures include postponing loan repayments for tourism employees and investing in facilities

Hossam Mounir Hossam Mounir