Egypt’s net foreign reserves break $45bn, the highest level ever
We need to study the reasons for the high BOP deficit, especially…
Egypt’s tourism revenues jumped by 28.2% during last FY: CBE
Experts argue security stability is key behind hike in tourism, Sultan forecast…
Credit facilities by banks fall EGP 35.2bn in July to EGP 1.8trn: CBE
Private sector receives 60.3% of total facilities, industry at the forefront of…
Egypt’s current account records $8.2bn deficit in FY 2018/19: CBE
BOP records 0.1bn deficits, oil trade balance records $8.1m surplus, FDI net…
Egypt has no problem in paying off its debts and foreign obligations: CBE
Abulnaga ruled out the impact of interest rate cut on foreign investments…
Meeza card’s transactions reach EGP 2.2bn until September: CBE
This came during the event organised on Monday by the British Egyptian…
Banks apply limited interest cuts after CBE slashes basic rates
Most cuts were limited to variable return certificates
Beltone forsees 0.5% interest rate cut in CBE’s coming meeting, 3% cut in 2020
We do not expect pressure on local currency after interest cut, exchange…
Egyptian pound gains 5 piasters against the US dollar despite CBE’s interest rate cut
The average official price of the US dollar at the Central Bank…
Banks allocate EGP 122bn to face doubtful debts until June 2019: CBE
Slight increase in non-performing loans at banks in 1H 2019, reaching 4.2%…