Tag: CBE

CBE explains August’s inflation rise after 5-month decline

Egypt’s annual urban headline inflation ticked up to 26.2% in August 2024,…

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CBE’s net foreign assets record $10.3bn surplus in August

The Central Bank of Egypt's net foreign assets (NFA) achieved a surplus…

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Egypt’s Prime Minister in Saudi Arabia for talks on cooperation, regional issues

Egypt's Prime Minister Mostafa Madbouly landed in Riyadh, Saudi Arabia, on Sunday…

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Egyptian remittances increase 32.4% to $15.5bn in 7M 2024: CBE

The Central Bank of Egypt (CBE) revealed that Egyptian expatriates’ remittances increased…

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CBE hosts first Egypt Fraud Combating Forum

The Central Bank of Egypt (CBE), in collaboration with Visa, hosted the…

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Gold prices in Egypt drop 1.3% over last week

Gold prices in Egypt continued to fluctuate below EGP 3,400 per gram…

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CBE expects significant inflation decline in early 2025

The Central Bank of Egypt (CBE) has projected a significant decrease in…

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Egyptian banking sector’s financial position surges to EGP 18.387trn in April 2024: CBE

The Central Bank of Egypt (CBE) has revealed a surge in the…

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CBE to decide on interest rate today amid expectations of third consecutive hold

The Central Bank of Egypt (CBE) will determine on Thursday, the fate…

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Egypt to launch first digital bank by Q4 2024 following CBE’s approval

The Information and Decision Support Center (IDSC) of the Egyptian Cabinet has…

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