Tag: CBE

Local currency deposits in banks rise by EGP 41bn in April

CBE figures also show decrease in surplus of net foreign assets for…

Hossam Mounir Hossam Mounir

US dollar appreciates slightly to EGP 15.92 at CBE

The Swiss franc reached EGP 16.5466 for buying and EGP 16.6522 for…

Daily News Egypt Daily News Egypt

CBE to offer EGP 24.5bn worth T-Bills, bonds on Sunday

New offerings part of government’s plan to issue EGP 610bn T-Bills, bonds…

Hossam Mounir Hossam Mounir

CBE offers EGP 20bn in T-Bills as market awaits Finance Ministry move

The CBE will issue Treasury Bills and bonds worth EGP 186bn in…

Hossam Mounir Hossam Mounir

CBE issues EGP 100bn stimulation for private sector borrowing: Amer

Initiatives are to help Egypt’s economy overcome ongoing pandemic

Daily News Egypt Daily News Egypt

April inflation increased due to unfavourable base effects: CBE

Annual headline inflation increased due to higher annual food contribution which offset…

Daily News Egypt Daily News Egypt

CBE takes measures to reduce economic impacts of COVID-19

We moved quickly to preserve economic gains since launch of national economic…

Hossam Mounir Hossam Mounir

CBE expands EGP 100bn initiative to contracting companies

The initiative had initially been set up to provide finance to private…

Daily News Egypt Daily News Egypt

Cairo Chamber of Commerce calls for adding commercial, service sectors in CBE’s 5% interest loans

Move is to protect commercial sector and allow it to fulfil obligations

Mohamed Alaa El-Din Mohamed Alaa El-Din

HC expects CBE to preserve current rates at upcoming meeting

Doss added, “Less working hours have also disrupted production activity possibly leading…

Daily News Egypt Daily News Egypt