Tag: CBE

Egypt’s external debt registers $145.5bn in December 2021

Long-term debt accounts for 91.2% ($132.7bn) of total external debt

Hossam Mounir Hossam Mounir

CBE to issue $540m worth treasury bills on Monday

New issuance’s proceeds will be pay off previous bid that was put…

Hossam Mounir Hossam Mounir

FRA, CBE working on alternative financing law, expects market capital to reach EGP 2.6trn: FRA Head

A prospective issuance to securitise future rights worth EGP 2bn in the…

Fatma Salah Fatma Salah

CBE directs increasing banks’ contributions in Decent Life initiative

Banks inject EGP 826m in finance to 17,000 small, micro enterprises within…

Hossam Mounir Hossam Mounir

CBE explains its reasoning for raising interest rates by 2%

MPC decided that raising policy rates is necessary to contain inflationary pressures,…

Hossam Mounir Hossam Mounir

CBE’s interest rate hike to slowdown industrial investments

This is because it hikes the cost of lending by proxy, and…

Daily News Egypt Daily News Egypt

How will the capital market respond to the CBE’s decision to raise interest rates?

The global interest rate hike caused a shock in the financial markets

Fatma Salah Fatma Salah

CBE to discuss interest rates, EGP’s value on Thursday amid strong expectations of hike

The current interest rates are 9.25% for deposit, 10.25% for lending, and…

Hossam Mounir Hossam Mounir

CBE will not hesitate to take measures it deems necessary to curb inflation: CBE Governor

The governor added that negotiations with the IMF are going well

Hossam Mounir Hossam Mounir

Annual urban inflation increased to 13.1% in April, highest rate since May 2019

The increase in urban inflation is attributed to strong monthly dynamics in…

Hossam Mounir Hossam Mounir