CBE approves EFG Hermes, Sovereign Fund’s acquisition of Arab Investment Bank for EGP 3.8bn
Acquisition to increase issued, paid-in capital of AIB to EGP 5bn
CBE adopts rules regulating cash deposit, withdrawals interoperability through service providers
Rules aim to make best use of infrastructure of service providers, encourage…
Foreign investments in Egypt’s T-bills up to EGP 349.9bn in May 2021: CBE
Net foreign assets increased by EGP 150.2bn from July 2020 to April…
Financial positions of banks in Egypt rise by EGP 532bn in Q1 of 2021: CBE
Capital at banks amounts to EGP 177.92bn, reserves register EGP 347.826bn, provisions…
Net profits of banks in Egypt reach EGP 29.99bn in Q1 2021: CBE
Top 10 banks account for 87.84% of total profits recorded during Q1
Egypt’s interest rates expected to remain unchanged for 5th consecutive CBE meeting
Urban inflation may rise gradually from 4.1% on an annual basis in…
Egyptian remittances increase 8.5% to $23.4bn within 9 months: CBE
11% annual increase in remittances during March 2021 only
Egypt’s gold reserves climb $281m in May: CBE
Net international reserves increase to $40.468bn in May
CBE amends 2 initiatives supporting Egypt’s tourism industry
Initiatives aimed at financing replacement, renewal of hotels and transport fleets, payment…
Egypt’s annual headline urban inflation declines to 4.1% in April 2021: CBE
Monthly headline urban inflation registers 0.9% in April 2021