Tag: CBE

CBE governor participates in second G20 FMCBG meeting

Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), participated in…

Daily News Egypt

Government to issue EGP 2.175trn in local debt instruments in Q4 of FY25

The Egyptian government plans to issue EGP 2.175trn in local debt instruments…

Hossam Mounir

United Bank expands digital services, financing solutions for companies

United Bank has unveiled a new package of digital banking services under…

Hossam Mounir

Egypt’s foreign trade reaches $32.24bn in Q1 of FY25: CBE

The Central Bank of Egypt (CBE) has announced that Egypt’s total foreign…

Hossam Mounir

Market awaits reopening of banks to gauge impact of CBE’s 2.25% rate cut on savings, loans

Markets are closely watching the reopening of banks on Tuesday—following the Easter…

Hossam Mounir

Banks direct EGP 3.9bn to priority service sectors in 2024: CBE

The Central Bank of Egypt (CBE) announced that the total contributions made…

Daily News Egypt

CBE poised to cut interest rates as inflation cools

The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE)…

Hossam Mounir

Egyptian expat remittances surge to $20bn in first 7 months of FY2024/25: CBE

The Central Bank of Egypt (CBE) has announced that remittances from Egyptians…

Hossam Mounir

Egypt repays $7.95bn in external debt over three months: CBE

The Central Bank of Egypt (CBE) announced that Egypt repaid $7.952bn in…

Hossam Mounir

CBE to launch phase two of remittance digitization project with 12 participating banks

The Central Bank of Egypt (CBE) has announced preparations for the second…

Hossam Mounir