Tag: CBE

Winners and losers of CBE’s interest rate cut

Government, investors, and EGX are the most beneficiaries from the decision, while…

Hossam Mounir Hossam Mounir

CBE to offer $1.56bn worth T-Bills in auction Monday

The proceeds of this issuance will be directed to repay the earlier…

Hossam Mounir Hossam Mounir

CBE to cut rates by 50-100bps at upcoming MPC meeting: Beltone

Beltone foresees inflation averaging 4.8% in 4Q19

Doaa Elboraie Doaa Elboraie

HC expects CBE to cut rates by 50 bps in its next meeting

Headline inflation continued to decelerate for the fourth consecutive month from its…

Hagar Omran Hagar Omran

Egypt’s net foreign reserves rise by $128m to $45.247bn in October

It’s the highest foreign exchange reserves in Egypt’s history, covering more than…

Hossam Mounir Hossam Mounir

Issuance of executive regulation for e-payments law within weeks: CBE

Banks issued 3.5m Meeza cards until end-October, says CBE Deputy Governor

Hossam Mounir Hossam Mounir

Remittances from Egyptian expats rose to $4.4bn in July and August: CBE

Remittances of Egyptians working abroad are one of Egypt's most important foreign…

Hossam Mounir Hossam Mounir

Banks in Egypt inject EGP 144.2bn to finance MSMEs from Dec. 2015 to June 2019: CBE

Service sector received EGP 62.2bn banking funds, while industrial sector got EGP…

Hossam Mounir Hossam Mounir

Egypt’s foreign trade increases to $95bn in FY 2018/19: CBE

Egypt's imports scored $66.529bn, while exports reached $28.495bn between July 2018 and…

Hossam Mounir Hossam Mounir

EGP to average EGP 17.11 against US dollar in FY 2020/21: CI Capital

CBE to keep rates on hold in November, December

Doaa Elboraie Doaa Elboraie